# Edgewood Management Corporation D/B/A Pratum Companies 401(k) Plan
Source: https://planprovider.pro/companies/edgewood-management-corporation-401k-plan

> Edgewood Management Corporation D/B/A Pratum Companies's 401(k) plan: 321 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|

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