Plan Snapshot
- Plan Sponsor: Metro Homes, INC.
- Sponsor EIN: 521805551
- Sponsor Address: 6001 SLIGO MILL ROAD, N. E., WASHINGTON, DC, 20011
- Plan Type: 401(k)
- Total Participants: 269
- Total Assets: $3.5M
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 | 269 | $3.5M | $0 | $406,350 |
| 2023 | 278 | $3.1M | $0 | $335,491 |
| 2022 | 262 | $2.6M | $0 | $293,485 |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Recordkeeper | $52,898 | — | $52,898 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,898
- Estimated Expense Ratio: 1.523% 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 | $13,209 | — | $13,209 | — | — |
| 2023 | $13,225 | — | $13,225 | — | — |
| 2022 | $15,490 | — | $15,490 | — | — |