Plan Snapshot
- Plan Sponsor: Willard Agri-Svc Of Mt. Airy, INC.
- Sponsor EIN: 520857975
- Sponsor Address: 50 S WISNER STREET, FREDERICK, MD, 21701
- Plan Type: 401(k)
- Total Participants: 134
- Total Assets: $18.1M
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 | 134 | $18.1M | $297,703 | $636,171 |
| 2023 | 136 | $16.8M | $275,241 | $639,897 |
| 2022 | 130 | $15.2M | $329,769 | $627,492 |
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 |
|---|---|---|---|---|
| MCLEAN, KOEHLER, SPARKS AND HAMMOND | NONE | $11,500 | — | $11,500 |
| MCLEAN ,KOEHLER ,SPARKS AND HAMOND | Auditor | $11,500 | — | $11,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCLEAN ,KOEHLER ,SPARKS AND HAMOND — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,000
- Estimated Expense Ratio: 0.127% 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 | $14,086 | — | $2,586 | $11,500 | — |
| 2023 | $13,700 | — | $2,200 | $11,500 | — |
| 2022 | $17,704 | — | $2,173 | — | $15,531 |