Plan Snapshot
- Plan Sponsor: Federal National Mortgage Association
- Sponsor EIN: 520883107
- Sponsor Address: 1100 15TH STREET, NW, WASHINGTON, DC, 20005
- Plan Type: 401(k)
- Total Participants: 8,187
- Total Assets: $4.6B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 8,187 | $4.6B | $117.2M | $141.2M |
| 2023 | 8,108 | $3.9B | $110.4M | $133.5M |
| 2022 | 8,044 | $3.2B | $73.4M | $117.3M |
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 |
|---|---|---|---|---|
| COHNREZNICK LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $1,496,706 | $1,544,816 | $900 | — | — |
| 2023 | $1,243,914 | $1,375,637 | $1,800 | — | — |
| 2022 | $2,099,123 | $971,868 | — | — | — |