Plan Snapshot
- Plan Sponsor: Welburn Management Consulting Company
- Sponsor EIN: 232583869
- Sponsor Address: 3985 PRINCE WILLIAM PARKWAY STE 201, WOODBRIDGE, VA, 22192
- Plan Type: 401(k)
- Total Participants: 853
- Total Assets: $2.6M
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 | 853 | $2.6M | $157,958 | $191,856 |
| 2023 | 782 | $2.1M | $148,181 | $160,595 |
| 2022 | 823 | $1.7M | $106,520 | $201,796 |
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 |
|---|---|---|---|---|
| THE FINANCIAL CONSULTING FIRM | 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 | $2,140 | — | — | — | — |
| 2023 | $3,397 | — | — | — | — |
| 2022 | $2,130 | — | — | — | $2,130 |