Plan Snapshot
- Plan Sponsor: Sourceamerica
- Sponsor EIN: 521007153
- Sponsor Address: 8401 OLD COURTHOUSE RD, VIENNA, VA, 221823820
- Plan Type: 403(b)
- Total Participants: 425
- Total Assets: $135.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 425 | $135.1M | $4.7M | $4.9M |
| 2023 | 445 | $119.2M | $4.6M | $4.8M |
| 2022 | 428 | $102.2M | $4.4M | $4.6M |
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 |
|---|---|---|---|---|
| GELMAN, ROSENBERG & FREEDMAN (GRF) | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $284,510 | — | $284,510 | — | — |
| 2023 | $236,990 | — | $236,990 | — | — |
| 2022 | $232,563 | — | $232,563 | — | — |