Plan Snapshot
- Plan Sponsor: Management Consulting, INC.
- Sponsor EIN: 541244651
- Sponsor Address: 1961 DIAMOND SPRINGS ROAD, VIRGINIA BEACH, VA, 23455
- Plan Type: 401(k)
- Total Participants: 421
- Total Assets: $33.8M
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 | 421 | $33.8M | $648,156 | $1.1M |
| 2023 | 388 | $32.8M | $769,139 | $996,185 |
| 2022 | 366 | $30.3M | $752,090 | $972,523 |
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 |
|---|---|---|---|---|
| CHARLES W. SNADER, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES W. SNADER, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $96,143 | — | $53,157 | — | — |
| 2023 | $102,488 | $57,488 | $45,000 | — | — |
| 2022 | $88,984 | $42,993 | $45,991 | — | — |