Plan Snapshot
- Plan Sponsor: Servefed, INC.
- Sponsor EIN: 461556834
- Sponsor Address: 20410 CENTURY BLVD STE 205, GERMANTOWN, MD, 20874
- Plan Type: 401(k)
- Total Participants: 338
- Total Assets: $5.7M
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 | 338 | $5.7M | $93,699 | $958,408 |
| 2023 | 345 | $4.5M | $70,662 | $822,803 |
| 2022 | 382 | $3.5M | $35,900 | $802,158 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL RPCP | Investment Advisor | $24,904 | — | $24,904 |
| THE VANGUARD GROUP | Recordkeeper | $22,612 | — | $22,612 |
| RETIREMENT PLANNERS & ADMIN | Other Service Provider | $7,688 | — | $7,688 |
| 401KINABOX | Recordkeeper | $5,875 | — | $5,875 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,079
- Estimated Expense Ratio: 1.075% 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 | $61,223 | — | $61,223 | — | — |
| 2023 | $55,479 | $19,197 | $27,807 | — | — |
| 2022 | $40,572 | $15,072 | $25,500 | — | — |