Plan Snapshot
- Plan Sponsor: Jma Solutions, LLC
- Sponsor EIN: 472815850
- Sponsor Address: 600 MARYLAND AVENUE SW SUITE 800E, WASHINGTON, DC, 20024
- Plan Type: 401(k)
- Total Participants: 98
- Total Assets: $9.3M
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 | 98 | $9.3M | $297,970 | $803,671 |
| 2023 | 107 | $8.8M | $299,217 | $780,786 |
| 2022 | 100 | $8.9M | $325,690 | $889,414 |
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 |
|---|---|---|---|---|
| WEALTHCARE ADVISORY PARTNERS LLC | Other Service Provider | $43,816 | — | $43,816 |
| LINCOLN NATIONAL CORPORATION | Recordkeeper | $19,150 | — | $19,150 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,966
- Estimated Expense Ratio: 0.677% 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 | $66,297 | $17,621 | $48,676 | — | — |
| 2023 | $63,343 | $41,825 | $3,230 | — | — |
| 2022 | $66,887 | — | — | — | $66,887 |