Plan Snapshot
- Plan Sponsor: Emerge, INC.
- Sponsor EIN: 521073386
- Sponsor Address: 9180 RUMSEY ROAD, COLUMBIA, MD, 210451965
- Plan Type: 401(k)
- Total Participants: 410
- Total Assets: $5.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 410 | $5.4M | $169,856 | $376,565 |
| 2023 | 369 | $4.5M | $95,148 | $194,117 |
| 2022 | 345 | $4.0M | $97,398 | $202,846 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $49,071 | — | $49,071 |
| CETERA ADVISORS LLC | BROKER/ADVISOR | — | $23,430 | $23,430 |
| ASCENSUS HOLDINGS INC | CONTRACT ADMIN | $1,625 | $4,729 | $6,354 |
| KUCZAK AND ASSOCIATES, P.A. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,855
- Estimated Expense Ratio: 1.471% 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 | $48,571 | — | $48,571 | — | — |
| 2023 | $44,049 | — | $44,049 | — | — |
| 2022 | $42,794 | — | $42,794 | — | — |