Plan Snapshot
- Plan Sponsor: Kearney & Company, P.C.
- Sponsor EIN: 541603527
- Sponsor Address: 1701 DUKE STREET SUITE 500, ALEXANDRIA, VA, 22314
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,058
- Total Assets: $3.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- 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 | 1,058 | $3.7M | $7.7M | $3.4M |
| 2023 | 966 | $3.7M | $6.7M | $3.0M |
| 2022 | 824 | $3.5M | $5.5M | $2.5M |
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 |
|---|---|---|---|---|
| CAREFIRST ADMINISTRATORS | Other Service Provider | $288,975 | — | $288,975 |
| THE BENECON GROUP | Investment Advisor | $109,380 | — | $109,380 |
| CIGNA HEALTH & LIFE INSURANCE | Other Service Provider | $49,995 | — | $49,995 |
| CONNECTCARE 3 | Other Service Provider | $33,199 | — | $33,199 |
| PRUDENTIAL INSURANCE COMPANY OF AME | Recordkeeper | $28,074 | — | $28,074 |
| COMPSYCH | Other Service Provider | $11,754 | — | $11,754 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRUDENTIAL INSURANCE COMPANY OF AME — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $521,377
- Estimated Expense Ratio: 14.262% 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 | $431,554 | — | $288,975 | $142,579 | — |
| 2023 | $406,630 | — | $280,639 | $125,991 | — |
| 2022 | $309,312 | — | — | — | $206,353 |