Plan Snapshot
- Plan Sponsor: The John Akridge Company
- Sponsor EIN: 540951018
- Sponsor Address: 601 13TH ST NW STE 300, WASHINGTON, DC, 200053807
- Plan Type: 401(k)
- Total Participants: 116
- Total Assets: $35.1M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 116 | $35.1M | $578,333 | $1.5M |
| 2023 | 118 | $32.7M | $563,263 | $1.5M |
| 2022 | 119 | $27.0M | $513,238 | $1.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $155,132 | — | $155,132 |
| MORGAN STANLEY | Investment Advisor | — | $62,630 | $62,630 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $217,762
- Estimated Expense Ratio: 0.621% 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 | $155,132 | — | $155,132 | — | — |
| 2023 | $135,087 | — | $135,087 | — | — |
| 2022 | $138,294 | $599 | $137,695 | — | — |