Plan Snapshot
- Plan Sponsor: Sands Anderson PC
- Sponsor EIN: 541175852
- Sponsor Address: 919 EAST MAIN ST. SUITE 2300, RICHMOND, VA, 23219
- Plan Type: 401(k)
- Total Participants: 134
- Total Assets: $51.1M
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 | 134 | $51.1M | $836,563 | $1.8M |
| 2023 | 125 | $45.7M | $749,411 | $1.6M |
| 2022 | 127 | $37.6M | $669,874 | $1.5M |
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 |
|---|---|---|---|---|
| WELLS FARGO ADVISORS LLC | INVESTMENT ADVISOR | $99,634 | — | $99,634 |
| MEADOWS URQUHART ACREE & COOK, | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MEADOWS URQUHART ACREE & COOK, — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,634
- Estimated Expense Ratio: 0.195% 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 | $102,873 | $99,635 | — | — | — |
| 2023 | $84,124 | $81,553 | — | — | — |
| 2022 | $94,488 | — | $94,488 | — | — |