Plan Snapshot
- Plan Sponsor: Edgewood Village Market, INC.
- Sponsor EIN: 232387160
- Sponsor Address: 2200 WEST CABOT BLVD, LANGHORNE, PA, 19047
- Plan Type: 401(k)
- Total Participants: 601
- Total Assets: $29.7M
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 | 601 | $29.7M | $371,023 | $1.3M |
| 2023 | 595 | $26.4M | $351,774 | $1.3M |
| 2022 | 572 | $23.2M | $330,539 | $1.2M |
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 |
|---|---|---|---|---|
| KT ADMINISTRATORS, LLC | TPA / RECORD KEEPER | $50,824 | — | $50,824 |
| JONATHAN G. FURLOW, CPA | AUDITOR | $13,500 | — | $13,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,324
- Estimated Expense Ratio: 0.217% 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 | $64,324 | — | — | $13,500 | — |
| 2023 | $66,088 | — | — | $16,190 | — |
| 2022 | $50,475 | — | — | — | $50,475 |