Plan Snapshot
- Plan Sponsor: Charles E. Smith Life Communities
- Sponsor EIN: 530196508
- Sponsor Address: 6121 MONTROSE RD., ROCKVILLE, MD, 20852
- Plan Type: 403(b)
- Total Participants: 809
- Total Assets: $15.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 809 | $15.4M | $0 | $1.6M |
| 2023 | 814 | $14.9M | $0 | $1.5M |
| 2022 | 802 | $12.9M | $0 | $1.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| VALIC RETIREMENT SERVICES COMPANY | NONE | $102,279 | — | $102,279 |
| SCHIAVI, WALLACE AND ROWE, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $102,279
- Estimated Expense Ratio: 0.665% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $102,279 | — | $102,279 | — | — |
| 2023 | $82,063 | — | $82,063 | — | — |
| 2022 | $67,204 | — | $67,204 | — | — |