Plan Snapshot
- Plan Sponsor: Ctr Management Group, LLC
- Sponsor EIN: 263931994
- Sponsor Address: 2751 PROSPERITY AVE SUITE 540, FAIRFAX, VA, 22031
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 137
- Total Assets: $4.7M
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. |
|---|---|---|---|---|
| 2025 | 137 | $4.7M | $0 | $0 |
| 2024 | 86 | $4.3M | $175,889 | $355,174 |
| 2023 | 94 | $4.5M | $429,470 | $718,173 |
| 2022 | 250 | $4.5M | $540,272 | $826,221 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $38,618 | — | $38,618 |
| OSAIC WEALTH, INC | Other Service Provider | — | $13,872 | $13,872 |
| ORENDA RETIREMENT LLC | Recordkeeper | $7,025 | $3,724 | $10,749 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,239
- Estimated Expense Ratio: 1.350% 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 |
|---|---|---|---|---|---|
| 2025 | $864,495 | — | $45,644 | — | — |
| 2024 | $46,503 | — | $46,503 | — | — |
| 2023 | $65,501 | — | $65,501 | — | — |
| 2022 | $43,475 | — | $43,475 | — | — |