Plan Snapshot
- Plan Sponsor: Sports Medicine & Orthopaedic Center, INC.
- Sponsor EIN: 541288882
- Sponsor Address: 501 DISCOVERY DRIVE, CHESAPEAKE, VA, 23320
- Plan Type: 401(k)
- Total Participants: 68
- Total Assets: $9.2M
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 | 68 | $9.2M | $165,023 | $435,536 |
| 2023 | 71 | $9.5M | $137,495 | $342,893 |
| 2022 | 74 | $8.4M | $137,957 | $305,400 |
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 |
|---|---|---|---|---|
| GREER WALKER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GREER WALKER LLP — Auditor
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 | $1,975,703 | — | $250 | — | — |
| 2023 | $559,407 | — | $350 | — | — |
| 2022 | $775 | — | — | — | — |