Plan Snapshot
- Plan Sponsor: Northern Virginia Family Service, INC.
- Sponsor EIN: 540791977
- Sponsor Address: 3110 FAIRVIEW PARK DR STE 500, FALLS CHURCH, VA, 22042
- Plan Type: 401(k)
- Total Participants: 324
- Total Assets: $23.9M
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 | 324 | $23.9M | $887,560 | $1.1M |
| 2023 | 323 | $20.9M | $1.2M | $1.1M |
| 2022 | 325 | $17.6M | $752,703 | $947,451 |
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 | $112,067 | — | $112,067 |
| TRUIST ADVISORY SERVICES, INC. | INVESTMENT ADVISORY | — | $32,235 | $32,235 |
| APRIO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- APRIO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $144,302
- Estimated Expense Ratio: 0.604% 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 | $112,067 | — | $112,067 | — | — |
| 2023 | $20,923 | — | $20,923 | — | — |
| 2022 | $6,174 | — | $6,174 | — | — |