Plan Snapshot
- Plan Sponsor: Network Building & Consulting, LLC
- Sponsor EIN: 510404247
- Sponsor Address: 6095 MARSHALEE DRIVE SUITE 300, ELKRIDGE, MD, 21075
- Plan Type: 401(k)
- Total Participants: 402
- Total Assets: $38.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 402 | $38.4M | $625,625 | $3.0M |
| 2023 | 462 | $33.1M | $702,902 | $3.2M |
| 2022 | 498 | $26.8M | $676,967 | $3.1M |
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 |
|---|---|---|---|---|
| ELIN AND TUCKER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELIN AND TUCKER — Auditor
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 | $132,582 | $57,124 | — | — | — |
| 2023 | $116,042 | $47,451 | $600 | — | — |
| 2022 | $122,498 | — | — | — | — |