Plan Snapshot
- Plan Sponsor: James A. Scott & Son, INC.
- Sponsor EIN: 540372970
- Sponsor Address: 1301 OLD GRAVES MILL ROAD, LYNCHBURG, VA, 24506
- Plan Type: DC
- Total Participants: 440
- Total Assets: $24.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 440 | $24.3M | $2.6M | $1.1M |
| 2023 | 342 | $18.4M | $1.1M | $0 |
| 2022 | 319 | $15.8M | $964,207 | $0 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $62,709 | — | $62,709 |
| SAGEVIEW ADVISORY GROUP, LLC | INVESTMENT ADVISOR | $40,250 | — | $40,250 |
| BROWN, EDWARDS & COMPANY, LLP | AUDITOR | $14,510 | — | $14,510 |
| BROWN EDWARDS & COMPANY, LLP | Auditor | $14,510 | — | $14,510 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BROWN EDWARDS & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $131,979
- Estimated Expense Ratio: 0.543% 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 | $117,469 | $40,250 | — | $14,510 | — |
| 2023 | $76,776 | $21,669 | — | $12,750 | — |
| 2022 | $68,337 | — | $68,337 | — | — |