Plan Snapshot
- Plan Sponsor: Senior Service America, INC.
- Sponsor EIN: 521763637
- Sponsor Address: 8403 COLESVILLE RD STE 200, SILVER SPRING, MD, 209106391
- Plan Type: DB
- Total Participants: 90
- Total Assets: $53.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- 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 | 90 | $53.3M | $0 | $0 |
| 2023 | 91 | $48.7M | $0 | $0 |
| 2022 | 72 | $43.2M | $180,450 | $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 |
|---|---|---|---|---|
| THE SEGAL COMPANY | Actuary | $102,621 | — | $102,621 |
| AMALGAMATED BANK | Investment Advisor | $23,855 | — | $23,855 |
| GORFINE SCHILLER & GARDYN PA | Auditor | $17,000 | — | $17,000 |
| O'DONOGHUE & O'DONOGHU | ERISA Attorney | $15,141 | — | $15,141 |
| BLACKROCK INSTITUTIONAL TRUST COMPA | Other Service Provider | $11,092 | — | $11,092 |
| ADP | Recordkeeper | $10,423 | — | $10,423 |
| DANIEL KERR | Other Service Provider | $5,850 | — | $5,850 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GORFINE SCHILLER & GARDYN PA — Auditor
- ADP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $185,982
- Estimated Expense Ratio: 0.349% 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 | $244,207 | $244,207 | — | — | — |
| 2023 | $221,360 | $221,360 | — | — | — |
| 2022 | $262,090 | $262,090 | — | — | — |