Plan Snapshot
- Plan Sponsor: Spalding Consulting, INC.
- Sponsor EIN: 522291300
- Sponsor Address: 46655 EXPEDITION DRIVE, SUITE 100, LEXINGTON PARK, MD, 20653
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $509,252 | $2.3M |
| 2023 | 326 | $28.3M | $556,420 | $2.9M |
| 2022 | 294 | $22.0M | $454,861 | $2.4M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANY | NONE | $88,556 | — | $88,556 |
| GLOBAL RETIREMENT PARTNERS | NONE | $79,444 | — | $79,444 |
| DUNCAN FINANCIAL GROUP, LLC | TPA | $20,000 | — | $20,000 |
| HEIMLANTZ CPAS AND ADVISORS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $188,000
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 | $85,746 | — | $85,496 | — | — |
| 2023 | $91,071 | — | $91,071 | — | — |
| 2022 | $72,691 | — | $72,691 | — | — |