# Metro Homes, INC. 401(k) Plan
Source: https://planprovider.pro/companies/metro-homes-inc-401k-plan

> Metro Homes, INC.'s 401(k) plan: 269 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

| PENAN & SCOTT, P.C.|Auditor|—|—|$0|

## 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|$13,209|—|$13,209|—|—|

| 2023|$13,225|—|$13,225|—|—|

| 2022|$15,490|—|$15,490|—|—|

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