Plan Snapshot
- Plan Sponsor: Twd Associates, INC.
- Sponsor EIN: 541637078
- Sponsor Address: 5520 CHEROKEE AVE STE 110, ALEXANDRIA, VA, 22312
- Plan Type: 401(k)
- Total Participants: 65
- Total Assets: $15.8M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 65 | $15.8M | $171,742 | $541,268 |
| 2023 | 63 | $16.0M | $278,322 | $520,319 |
| 2022 | 63 | $14.6M | $238,932 | $554,645 |
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 | CONTRACT ADMINISTRATOR | $28,393 | — | $28,393 |
| PINNACLE FINANCIAL PARTNERS | INVESTMENT ADVISORY | $14,319 | $8 | $14,327 |
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,720
- Estimated Expense Ratio: 0.271% 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 | $42,717 | $14,323 | $28,394 | — | — |
| 2023 | $47,184 | $4,296 | $42,888 | — | — |
| 2022 | $51,996 | — | $51,996 | — | — |