Plan Snapshot
- Plan Sponsor: Metronome LLC
- Sponsor EIN: 273776227
- Sponsor Address: 11350 RANDOM HILLS RD, FAIRFAX, VA, 220306099
- Plan Type: 401(k)
- Total Participants: 85
- Total Assets: $6.0M
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 | 85 | $6.0M | $611,172 | $789,181 |
| 2023 | 107 | $5.4M | $602,027 | $766,045 |
| 2022 | 149 | $4.2M | $523,757 | $675,150 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $31,429 | — | $31,429 |
| ASSURED PARTNERS | INVESTMENT MANAGEMENT | $15,750 | — | $15,750 |
| BETHKE CPA | ACCOUNTANT | $11,150 | — | $11,150 |
| PENSIONMARK FINANCIAL GROUP, LLC | INVESTMENT ADVISORY | — | $7,356 | $7,356 |
| BERNARD BETHKE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERNARD BETHKE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,685
- Estimated Expense Ratio: 1.103% 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 | $37,906 | — | $37,906 | — | — |
| 2023 | $10,296 | $269 | $8,977 | — | — |
| 2022 | $7,508 | — | — | — | — |