Plan Snapshot
- Plan Sponsor: Hampton Roads Community Action Program, INC.
- Sponsor EIN: 237014485
- Sponsor Address: 2410 WICKHAM AVENUE, NEWPORT NEWS, VA, 23607
- Plan Type: 401(k)
- Total Participants: 285
- Total Assets: $3.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 285 | $3.4M | $81,335 | $120,207 |
| 2023 | 243 | $3.2M | $82,885 | $125,159 |
| 2022 | 267 | $2.8M | $86,330 | $129,049 |
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 |
|---|---|---|---|---|
| PBMARES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PBMARES, LLP — 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 | $6,179 | — | $6,179 | — | — |
| 2023 | $5,807 | — | $5,807 | — | — |
| 2022 | $6,934 | — | $6,934 | — | — |