Plan Snapshot
- Plan Sponsor: William C. Smith & Co.
- Sponsor EIN: 521092879
- Sponsor Address: 1100 NEW JERSEY AVE SE STE 100, WASHINGTON, DC, 200033304
- Plan Type: 401(k)
- Total Participants: 421
- Total Assets: $35.4M
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 | 421 | $35.4M | $464,075 | $2.4M |
| 2023 | 450 | $29.9M | $461,005 | $2.4M |
| 2022 | 476 | $27.0M | $463,138 | $2.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $167,798 | — | $167,798 |
| MORGAN STANLEY GLOBAL | INVESTMENT ADVISORY | — | $57,129 | $57,129 |
| COHNREZNICK ADVISORY LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $224,927
- Estimated Expense Ratio: 0.636% 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 | $167,798 | — | $167,798 | — | — |
| 2023 | $141,347 | — | $141,347 | — | — |
| 2022 | $143,110 | $414 | $142,696 | — | — |