Plan Snapshot
- Plan Sponsor: Mid-Atlantic States District Council Participating Locals Annuity Fund
- Sponsor EIN: 541768039
- Sponsor Address: P.O. BOX 1769, SALEM, VA, 241531769
- Plan Type: DC
- Total Participants: 7,375
- Total Assets: $148.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,375 | $148.6M | $13.9M | $0 |
| 2023 | 6,604 | $128.2M | $11.2M | $0 |
| 2022 | 2,849 | $107.8M | $11.4M | $0 |
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 |
|---|---|---|---|---|
| NOVAK FRANCELLA, LLC | Auditor | $15,250 | — | $15,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,250
- Estimated Expense Ratio: 0.010% 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 | $501,528 | $48,000 | $130,242 | $15,250 | — |
| 2023 | $497,691 | $297,277 | $124,983 | $14,500 | — |
| 2022 | $512,789 | $289,920 | $124,050 | — | $55,995 |