Plan Snapshot
- Plan Sponsor: Francis O. Day Co., INC.
- Sponsor EIN: 520813708
- Sponsor Address: 850 EAST GUDE DRIVE, ROCKVILLE, MD, 20850
- Plan Type: 401(k)
- Total Participants: 199
- Total Assets: $16.6M
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 | 199 | $16.6M | $49,699 | $836,417 |
| 2023 | 223 | $15.9M | $55,801 | $829,117 |
| 2022 | 216 | $13.7M | $57,107 | $778,027 |
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 |
|---|---|---|---|---|
| COHNREZNICK, LLP | Auditor | $12,325 | — | $12,325 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,325
- Estimated Expense Ratio: 0.074% 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 | $54,520 | $36,818 | $5,377 | $12,325 | — |
| 2023 | $46,746 | $37,745 | $5,180 | — | — |
| 2022 | $46,554 | $33,430 | $10,424 | — | — |