Plan Snapshot
- Plan Sponsor: Givens Group, INC.
- Sponsor EIN: 562417633
- Sponsor Address: 1720 SOUTH MILITARY HIGHWAY, CHESAPEAKE, VA, 23320
- Plan Type: 401(k)
- Total Participants: 331
- Total Assets: $21.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 331 | $21.9M | $669,616 | $1.4M |
| 2023 | 316 | $19.7M | $475,445 | $1.1M |
| 2022 | 188 | $16.4M | $349,932 | $800,508 |
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 |
|---|---|---|---|---|
| WALL, EINHORN & CHERNITZER, P.C. | Auditor | — | — | $0 |
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 | $58,913 | $48,755 | $10,158 | — | — |
| 2023 | $47,768 | $41,954 | $5,814 | — | — |
| 2022 | $48,828 | $44,056 | $4,772 | — | — |