Plan Snapshot
- Plan Sponsor: The Virginia Home
- Sponsor EIN: 540577900
- Sponsor Address: 1101 HAMPTON STREET, RICHMOND, VA, 232206605
- Plan Type: 403(b)
- Total Participants: 263
- Total Assets: $10.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 263 | $10.6M | $754,900 | $1.1M |
| 2023 | 227 | $8.7M | $740,582 | $1.1M |
| 2022 | 228 | $8.6M | $179,148 | $637,437 |
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 |
|---|---|---|---|---|
| HANSEN, SMITH, CONE &ROBERTELLO, PC | Auditor | — | — | $0 |
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 | $61,933 | $22,438 | $39,312 | — | — |
| 2023 | $59,447 | $22,188 | $37,259 | — | — |
| 2022 | $59,157 | $24,228 | $34,929 | — | — |