Plan Snapshot
- Plan Sponsor: Mcguirewoods LLP
- Sponsor EIN: 540505857
- Sponsor Address: GATEWAY PLAZA, 800 EAST CANAL ST., RICHMOND, VA, 232193956
- Plan Type: 401(k)
- Total Participants: 1,898
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,898 | $1.2B | $22.0M | $31.1M |
| 2023 | 1,904 | $1.0B | $21.8M | $29.4M |
| 2022 | 1,865 | $901.5M | $20.7M | $27.2M |
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 |
|---|---|---|---|---|
| EDELMAN FINANCIAL ENGINES | NONE | $170,546 | — | $170,546 |
| T ROWE PRICE RPS INC | NONE | $158,294 | — | $158,294 |
| CAPFINANCIAL PARTNERS LLC | NONE | $50,000 | — | $50,000 |
| FORVIS MAZARS LLP | NONE | $24,390 | — | $24,390 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $403,230
- Estimated Expense Ratio: 0.035% 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 | $405,199 | $246,905 | — | — | — |
| 2023 | $333,693 | $172,072 | — | — | — |
| 2022 | $296,134 | $137,091 | — | — | — |