Plan Snapshot
- Plan Sponsor: Westover Property Management Company LP
- Sponsor EIN: 472292654
- Sponsor Address: 550 AMERICAN AVE, KING OF PRUSSIA, PA, 19406
- Plan Type: 401(k)
- Total Participants: 395
- Total Assets: $12.8M
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 | 395 | $12.8M | $567,910 | $1.1M |
| 2023 | 395 | $10.4M | $485,855 | $959,026 |
| 2022 | 368 | $7.5M | $383,733 | $774,571 |
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 |
|---|---|---|---|---|
| PKF O'CONNOR DAVIES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PKF O'CONNOR DAVIES, LLP — Auditor
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 | $23,006 | — | $23,006 | — | — |
| 2023 | $11,154 | — | $11,154 | — | — |
| 2022 | $7,059 | — | $7,059 | — | — |