Plan Snapshot
- Plan Sponsor: Eaglebank
- Sponsor EIN: 522099123
- Sponsor Address: 11900 BOURNEFIELD WAY, SUITE 150, SILVER SPRING, MD, 20904
- Plan Type: 401(k)
- Total Participants: 452
- Total Assets: $66.0M
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 | 452 | $66.0M | $1.7M | $4.3M |
| 2023 | 436 | $61.4M | $1.7M | $4.4M |
| 2022 | 467 | $55.4M | $1.8M | $4.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $79,522 | — | $79,522 |
| KESTRA INVESTMENT SERVICES LLC | ADVISOR | $40,000 | — | $40,000 |
| SNYDER COHN, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- KESTRA INVESTMENT SERVICES LLC — ADVISOR
- SNYDER COHN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,522
- Estimated Expense Ratio: 0.181% 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 | $119,522 | $40,000 | — | — | — |
| 2023 | $109,987 | $40,000 | — | — | — |
| 2022 | $121,206 | — | — | — | — |