Plan Snapshot
- Plan Sponsor: Field Payroll, LLC
- Sponsor EIN: 431952814
- Sponsor Address: 9711 WASHINGTONIAN BLVD, STE. 200, GAITHERSBURG, MD, 20878
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $373,934 | $505,422 |
| 2022 | 507 | $12.5M | $390,555 | $526,852 |
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 | $26,925 | — | $26,925 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,925
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 |
|---|---|---|---|---|---|
| 2023 | $105,254 | — | $28,169 | $2,785 | — |
| 2022 | $164,167 | — | $164,167 | — | — |