Plan Snapshot
- Plan Sponsor: Intercept Youth Services, INC.
- Sponsor EIN: 541816181
- Sponsor Address: 5511 STAPLES MILL ROAD, RICHMOND, VA, 23228
- Plan Type: 401(k)
- Total Participants: 409
- Total Assets: $6.9M
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 | 409 | $6.9M | $155,907 | $501,865 |
| 2023 | 387 | $6.0M | $160,360 | $482,953 |
| 2022 | 387 | $5.0M | $196,208 | $547,376 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE CO(USA) | RECORDKEEPER | $40,283 | — | $40,283 |
| USI ADVISORS INC | RIA | $29,890 | — | $29,890 |
| HARRIS, HARDY AND JOHNSTONE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE CO(USA) — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,173
- Estimated Expense Ratio: 1.024% 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 | $70,173 | $30,596 | $39,577 | — | — |
| 2023 | $62,384 | $26,509 | $35,875 | — | — |
| 2022 | $61,529 | $28,255 | $33,274 | — | — |