Plan Snapshot
- Plan Sponsor: Commonwealth Senior Living, LLC
- Sponsor EIN: 841799859
- Sponsor Address: 915 EAST HIGH STREET, CHARLOTTESVILLE, VA, 22902
- Plan Type: 401(k)
- Total Participants: 2,740
- Total Assets: $7.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 2,740 | $7.5M | $556,219 | $999,114 |
| 2023 | 3,283 | $6.4M | $471,179 | $814,985 |
| 2022 | 2,292 | $5.0M | $449,330 | $793,588 |
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 |
|---|---|---|---|---|
| BROWN, EDWARDS & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BROWN, EDWARDS & COMPANY, LLP — 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 | $106,587 | $35,580 | $71,007 | — | — |
| 2023 | $72,765 | $35,475 | $37,290 | — | — |
| 2022 | $81,090 | $31,558 | $49,532 | — | — |