Plan Snapshot
- Plan Sponsor: Watt, Tieder, Hoffar & Fitzgerald, LLP
- Sponsor EIN: 541065705
- Sponsor Address: 1765 GREENSBORO STATION PLACE, MCLEAN, VA, 22102
- Plan Type: 401(k)
- Total Participants: 89
- Total Assets: $49.0M
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 | 89 | $49.0M | $385,561 | $1.6M |
| 2023 | 77 | $41.0M | $303,585 | $1.4M |
| 2022 | 75 | $33.6M | $266,185 | $1.2M |
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 |
|---|---|---|---|---|
| HUNTER MICHAEL INVESTMENT ADVISORS | Other Service Provider | $1,121 | $71,634 | $72,755 |
| NEWPORT GROUP | Other Service Provider | $4,308 | $44,589 | $48,897 |
| NFP, INC. | Other Service Provider | $483 | $41,072 | $41,555 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $163,207
- Estimated Expense Ratio: 0.333% 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 | $115,960 | $58,468 | $18,197 | — | — |
| 2023 | $46,649 | $39,858 | — | — | — |
| 2022 | $40,009 | $40,009 | — | — | — |