Plan Snapshot
- Plan Sponsor: Mt Vernon Ladies' Association
- Sponsor EIN: 540564701
- Sponsor Address: 3200 MT VERNON MEM HWY, MOUNT VERNON, VA, 221210000
- Plan Type: 403(b)
- Total Participants: 602
- Total Assets: $37.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 602 | $37.4M | $1.5M | $2.1M |
| 2023 | 594 | $33.2M | $1.4M | $1.9M |
| 2022 | 527 | $28.0M | $1.3M | $1.7M |
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 | $84,492 | — | $84,492 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISORY | $43,455 | $45 | $43,500 |
| CBIZ CPA'S P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $127,992
- Estimated Expense Ratio: 0.342% 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 | $127,947 | $43,455 | $84,492 | — | — |
| 2023 | $111,218 | $43,457 | $67,761 | — | — |
| 2022 | $110,927 | $43,460 | $67,467 | — | — |