Plan Snapshot
- Plan Sponsor: Foundation To Support Animal Protection
- Sponsor EIN: 521842274
- Sponsor Address: 501 FRONT STREET, NORFOLK, VA, 23510
- Plan Type: 401(k)
- Total Participants: 381
- Total Assets: $27.0M
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. |
|---|---|---|---|---|
| 2024 | 381 | $27.0M | $330,132 | $2.0M |
| 2023 | 385 | $23.0M | $323,757 | $1.8M |
| 2022 | 346 | $18.9M | $295,497 | $1.7M |
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 |
|---|---|---|---|---|
| OSAIC WEALTH INC. | Investment Advisor | $89,826 | — | $89,826 |
| METRO BENEFITS, INC. | Recordkeeper | $27,223 | — | $27,223 |
| AMERICAN UNITED LIFE INSURANCE CO | Other Service Provider | $2,846 | $13,796 | $16,642 |
| MESIROW FINANCIAL INVESTMENT MANAGE | Other Service Provider | $9,598 | — | $9,598 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSAIC WEALTH INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $143,289
- Estimated Expense Ratio: 0.530% 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 | $129,492 | — | $129,492 | — | — |
| 2023 | $96,315 | — | $96,315 | — | — |
| 2022 | $102,410 | — | $102,410 | — | — |