Plan Snapshot
- Plan Sponsor: Team Carney, INC.
- Sponsor EIN: 541695853
- Sponsor Address: 201 NORTH UNION STREET SUITE 110, ALEXANDRIA, VA, 22314
- Plan Type: 401(k)
- Total Participants: 88
- Total Assets: $6.7M
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 | 88 | $6.7M | $246,900 | $805,359 |
| 2023 | 92 | $5.4M | $209,857 | $723,268 |
| 2022 | 65 | $4.9M | $81,988 | $531,827 |
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 |
|---|---|---|---|---|
| FISHER ASSET MANAGEMENT LLC FISHER | INVESTMENT ADVISOR | $32,827 | — | $32,827 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $16,777 | — | $16,777 |
| SIKICH CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,604
- Estimated Expense Ratio: 0.741% 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 | $49,604 | $32,827 | — | — | — |
| 2023 | $37,113 | $26,790 | — | — | — |
| 2022 | $42,065 | — | $42,065 | — | — |