Plan Snapshot
- Plan Sponsor: The Cardiovascular Group, P.C. D/B/A Virginia Heart
- Sponsor EIN: 541778418
- Sponsor Address: 2901 TELESTAR COURT, FALLS CHURCH, VA, 22042
- Plan Type: 401(k)
- Total Participants: 405
- Total Assets: $82.6M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 405 | $82.6M | $3.6M | $2.9M |
| 2023 | 316 | $68.5M | $2.9M | $2.4M |
| 2022 | 298 | $62.0M | $2.3M | $2.1M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS, | Recordkeeper | $150,249 | — | $150,249 |
| UBS FINANCIAL SERVICES INC | Investment Advisor | $107,725 | — | $107,725 |
| MAP RETIREMENT USA, LLC | Recordkeeper | $30,889 | $696 | $31,585 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS, — Recordkeeper
- UBS FINANCIAL SERVICES INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $289,559
- Estimated Expense Ratio: 0.350% 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 | $288,960 | $107,725 | — | — | — |
| 2023 | $154,709 | $91,736 | $33,179 | $5,000 | — |
| 2022 | $14,454 | — | $14,454 | — | — |