Plan Snapshot
- Plan Sponsor: Cherry Bekaert Advisory LLC
- Sponsor EIN: 560574444
- Sponsor Address: 200 SOUTH 10TH STREET, RICHMOND, VA, 23219
- Plan Type: 401(k)
- Total Participants: 2,316
- Total Assets: $263.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 2,316 | $263.0M | $9.6M | $25.0M |
| 2023 | 2,223 | $212.8M | $8.2M | $18.9M |
| 2022 | 1,406 | $141.2M | $2.0M | $7.5M |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $392,358 | — | $392,358 | — | — |
| 2023 | $297,539 | — | $297,539 | — | — |
| 2022 | $162,889 | — | $162,889 | — | — |