Plan Snapshot
- Plan Sponsor: Savantage Financial Services, INC.
- Sponsor EIN: 363379794
- Sponsor Address: 2101 GAITHER ROAD SUITE 350, ROCKVILLE, MD, 20850
- Plan Type: 401(k)
- Total Participants: 138
- Total Assets: $41.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 138 | $41.0M | $458,513 | $1.8M |
| 2023 | 131 | $34.4M | $404,103 | $1.6M |
| 2022 | 115 | $27.7M | $377,005 | $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 |
|---|---|---|---|---|
| APRIO LLP | Auditor | $13,329 | — | $13,329 |
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: $13,329
- Estimated Expense Ratio: 0.033% 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 | $112,001 | $71,676 | — | $13,329 | — |
| 2023 | $102,977 | $58,759 | — | $21,500 | — |
| 2022 | $83,057 | $56,811 | $26,246 | — | — |