Plan Snapshot
- Plan Sponsor: Thos Somerville Co
- Sponsor EIN: 530147890
- Sponsor Address: 16155 TRADE ZONE AVE, UPPER MARLBORO, MD, 20774
- Plan Type: 401(k)
- Total Participants: 372
- Total Assets: $45.4M
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 | 372 | $45.4M | $499,000 | $1.6M |
| 2023 | 354 | $41.7M | $487,538 | $1.6M |
| 2022 | 357 | $38.2M | $488,176 | $1.5M |
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 |
|---|---|---|---|---|
| T. ROWE PRICE RPS, INC. | NONE | $48,692 | — | $48,692 |
| REGAN, SCHICKNER, & HARPER LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,692
- Estimated Expense Ratio: 0.107% 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 | $48,692 | — | — | — | — |
| 2023 | $15,027 | — | — | — | — |
| 2022 | $30,145 | — | — | — | — |