Plan Snapshot
- Plan Sponsor: Encompass LLC
- Sponsor EIN: 522228651
- Sponsor Address: 10500 ALLOWAY DRIVE, POTOMAC, MD, 20854
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 169
- Total Assets: $12.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 169 | $12.5M | $0 | $0 |
| 2024 | 264 | $20.9M | $1.2M | $2.0M |
| 2023 | 194 | $15.4M | $885,780 | $1.7M |
| 2022 | 162 | $11.8M | $801,646 | $1.3M |
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 |
|---|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES LLC | Investment Advisor | $25,385 | — | $25,385 |
| CAPITAL GROUP RETIREMENT SERVICES | Recordkeeper | $19,171 | — | $19,171 |
| SIEGEL ACTUARIAL CONSULTING, INC. | Recordkeeper | $12,610 | — | $12,610 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,166
- Estimated Expense Ratio: 0.459% 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 |
|---|---|---|---|---|---|
| 2025 | $11,743,536 | $25,385 | — | — | — |
| 2024 | $49,698 | $30,575 | $3,050 | — | — |
| 2023 | $38,442 | $24,902 | $680 | — | — |
| 2022 | — | — | — | — | — |