Plan Snapshot
- Plan Sponsor: Flaherty, Sensabaugh & Bonasso, P.L.L.C
- Sponsor EIN: 550710558
- Sponsor Address: 200 CAPITOL STREET, CHARLESTON, WV, 253383843
- Plan Type: 401(k)
- Total Participants: 75
- Total Assets: $49.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 75 | $49.5M | $767,668 | $491,493 |
| 2023 | 93 | $49.6M | $901,645 | $602,977 |
| 2022 | 87 | $42.2M | $935,441 | $637,841 |
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 |
|---|---|---|---|---|
| MCKINLEY CARTER TRUST COMPANY | INVESTMENT MA NAGER | $71,383 | — | $71,383 |
| LPL FINANCIAL, LLC | INVESTMENT ADVISOR | $62,505 | — | $62,505 |
| ARGENT TRUST COMPANY, N.A | INVESTMENT MA NAGER | $35,543 | — | $35,543 |
| CERITY PARTNERS | INVESTMENT MANAGER | $33,407 | — | $33,407 |
| JANNEY MONTGOMERY SCOTT | INVESTMENT MA NAGER | $10,513 | — | $10,513 |
| BROWN, EDWARDS & COMPANY, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $213,351
- Estimated Expense Ratio: 0.431% 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 | $182,704 | $26,672 | — | — | — |
| 2023 | $212,902 | $29,114 | — | — | — |
| 2022 | $204,396 | — | — | — | — |