Plan Snapshot
- Plan Sponsor: The Greater Prince William Community Health Center
- Sponsor EIN: 830435138
- Sponsor Address: 3350 COMMISSION COURT, WOODBRIDGE, VA, 22192
- Plan Type: 401(k)
- Total Participants: 186
- Total Assets: $5.8M
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 | 186 | $5.8M | $406,256 | $688,594 |
| 2023 | 180 | $4.3M | $394,651 | $643,085 |
| 2022 | 176 | $3.0M | $327,103 | $563,588 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSRURANCE COMPANY | Recordkeeper | $24,667 | — | $24,667 |
| CHERRY BEKAERT LLP | Recordkeeper | $5,500 | — | $5,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,167
- Estimated Expense Ratio: 0.523% 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 | $21,667 | — | $21,667 | — | — |
| 2023 | $15,316 | — | $15,316 | — | — |
| 2022 | $13,250 | — | $13,250 | — | — |