Plan Snapshot
- Plan Sponsor: Wallace, Montgomery & Associates
- Sponsor EIN: 521051946
- Sponsor Address: 10150 YORK ROAD STE 200, HUNT VALLEY, MD, 21030
- Plan Type: 401(k)
- Total Participants: 223
- Total Assets: $44.8M
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 | 223 | $44.8M | $1.1M | $2.2M |
| 2023 | 203 | $37.8M | $751,831 | $2.0M |
| 2022 | 187 | $32.4M | $770,527 | $1.9M |
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 |
|---|---|---|---|---|
| GREENSPRING ADVISORS, LLC | INVESTMENT/FINANCIAL ADVI | $45,739 | — | $45,739 |
| ADP, INC. | RECORD KEEPER | $23,659 | — | $23,659 |
| STAMBAUGH NESS INC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GREENSPRING ADVISORS, LLC — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
- STAMBAUGH NESS INC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,398
- Estimated Expense Ratio: 0.155% 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 | $69,399 | $45,740 | — | — | — |
| 2023 | $66,097 | $43,980 | — | — | — |
| 2022 | $65,772 | — | — | — | — |