Plan Snapshot
- Plan Sponsor: People Incorporated Of Virginia
- Sponsor EIN: 540763686
- Sponsor Address: 1173 W. MAIN STREET, ABINGDON, VA, 24210
- Plan Type: 403(b)
- Total Participants: 346
- Total Assets: $4.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 346 | $4.3M | $0 | $0 |
| 2023 | 298 | $3.7M | $0 | $0 |
| 2022 | 260 | $3.2M | $111,339 | $166,467 |
| 2021 | 256 | $3.4M | $0 | $0 |
| 2020 | 333 | $2.8M | $0 | $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 |
|---|---|---|---|---|
| BROWN, EDWARDS & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BROWN, EDWARDS & COMPANY, LLP — 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 | $6,842 | — | $6,842 | — | — |
| 2023 | $6,466 | — | $6,466 | — | — |
| 2022 | $4,756 | — | $4,756 | — | — |
| 2021 | $5,637 | — | $5,637 | — | — |
| 2020 | $5,438 | — | $5,438 | — | — |