Plan Snapshot
- Plan Sponsor: Sandpiper Property Mgt
- Sponsor EIN: 460983462
- Sponsor Address: 7200 GLEN FOREST DR., RICHMOND, VA, 23226
- Plan Type: 401(k)
- Total Participants: 394
- Total Assets: $799,780
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 | 394 | $799,780 | $0 | $563,078 |
| 2023 | 357 | $413,889 | $0 | $323,341 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $13,527 | — | $13,527 |
| HARRIS, HARDY & JOHNSTONE, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,527
- Estimated Expense Ratio: 1.691% 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 | $18,705 | $5,178 | — | — | — |
| 2023 | $2,915 | $413 | — | — | — |