Plan Snapshot
- Plan Sponsor: Forfeiture Support Associates, LLC
- Sponsor EIN: 510476024
- Sponsor Address: 2553 DULLES VIEW DRIVE #450, HERNDON, VA, 20171
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 927
- Total Assets: $469,754
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 927 | $469,754 | $8.6M | $2.4M |
| 2023 | 939 | $88,194 | $7.7M | $2.1M |
| 2022 | 923 | $47,777 | $7.7M | $2.1M |
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 |
|---|---|---|---|---|
| EVERNORTH CARE SOLUTIONS, INC. | Recordkeeper | $14,908 | — | $14,908 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,908
- Estimated Expense Ratio: 3.174% 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 | $108,739 | — | — | — | — |
| 2023 | $124,086 | — | — | — | — |
| 2022 | $169,084 | — | — | — | — |