Plan Snapshot
- Plan Sponsor: Edgewood Management Corporation D/B/A Pratum Companies
- Sponsor EIN: 521491854
- Sponsor Address: 9711 WASHINGTONIAN BLVD., GAITHERSBURG, MD, 20878
- Plan Type: 401(k)
- Total Participants: 321
- Total Assets: $22.9M
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 | 321 | $22.9M | $501,506 | $838,901 |
| 2023 | 438 | $26.0M | $318,789 | $710,185 |
| 2022 | 78 | $23.2M | $392,166 | $809,945 |
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 |
|---|---|---|---|---|
| MULLEN, SONDBERG, WIMBUSH & STONE | AUDITOR | $32,390 | — | $32,390 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,390
- Estimated Expense Ratio: 0.141% 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 | $193,048 | — | $45,136 | $32,390 | — |
| 2023 | $101,688 | — | $12,417 | $15,425 | — |
| 2022 | $116,799 | — | $116,799 | — | — |