Plan Snapshot
- Plan Sponsor: Compass Youth Services, LLC
- Sponsor EIN: 200125300
- Sponsor Address: 7460 CENTRAL BUSINESS PARK DRIVE, NORFOLK, VA, 23513
- Plan Type: 401(k)
- Total Participants: 268
- Total Assets: $8.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 268 | $8.1M | $353,289 | $652,645 |
| 2023 | 195 | $7.1M | $319,477 | $638,727 |
| 2022 | 191 | $5.3M | $278,521 | $562,161 |
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 |
|---|---|---|---|---|
| CORBIN & COMPANY, PC | Auditor | — | — | $0 |
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 | $112,135 | — | $112,135 | — | — |
| 2023 | $88,404 | — | $88,404 | — | — |
| 2022 | $82,631 | — | $82,631 | — | — |