Plan Snapshot
- Plan Sponsor: Worth Higgins & Associates, INC.
- Sponsor EIN: 540880197
- Sponsor Address: 8770 PARK CENTRAL DR, RICHMOND, VA, 23227
- Plan Type: DC
- Total Participants: 137
- Total Assets: $5.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 137 | $5.0M | $77,966 | $0 |
| 2023 | 157 | $5.1M | $359,583 | $0 |
| 2022 | 152 | $5.2M | $385,671 | $0 |
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 |
|---|---|---|---|---|
| ADAMS, JENKINS & CHEATAM, PC | 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 | $65 | — | — | — | — |
| 2023 | $71 | — | — | — | — |
| 2022 | $65 | — | — | — | $65 |