Plan Snapshot
- Plan Sponsor: Fort Norfolk Retirement Community, INC.
- Sponsor EIN: 020601375
- Sponsor Address: ONE COLLEY AVENUE, NORFOLK, VA, 23510
- Plan Type: 401(k)
- Total Participants: 273
- Total Assets: $3.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 273 | $3.1M | $90,171 | $317,652 |
| 2023 | 241 | $3.1M | $104,609 | $301,642 |
| 2022 | 235 | $2.7M | $64,297 | $266,616 |
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 |
|---|---|---|---|---|
| CHARLES W. SNADER, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES W. SNADER, P.C. — Auditor
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 | $46,092 | $15,290 | $25,104 | — | — |
| 2023 | $22,330 | $13,775 | $4,640 | — | — |
| 2022 | $22,279 | $6,408 | $10,571 | — | $5,300 |