Plan Snapshot
- Plan Sponsor: Home School Legal Defense Association
- Sponsor EIN: 521354365
- Sponsor Address: ONE PATRICK HENRY CIRCLE, PURCELLVILLE, VA, 20132
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 106
- Total Assets: $15.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 106 | $15.9M | $586,716 | $343,595 |
| 2023 | 111 | $14.9M | $582,346 | $335,148 |
| 2022 | 110 | $13.2M | $1.1M | $372,656 |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | Investment Advisor | $24,331 | — | $24,331 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,331
- Estimated Expense Ratio: 0.153% 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 | $24,331 | — | $21,407 | — | — |
| 2023 | $9,642 | — | — | — | — |
| 2022 | $4,868 | — | — | — | — |