Plan Snapshot
- Plan Sponsor: Act1 Federal LLC
- Sponsor EIN: 742868948
- Sponsor Address: 200 12TH STREET SOUTH, SUITE 700, ARLINGTON, VA, 22202
- Plan Type: 401(k)
- Total Participants: 123
- Total Assets: $19.0M
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 | 123 | $19.0M | $770,363 | $1.8M |
| 2023 | 183 | $18.6M | $699,969 | $1.9M |
| 2022 | 197 | $14.6M | $474,513 | $1.9M |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $74,865 | — | $74,865 |
| MORGAN STANLEY GLOBAL BANKING | INVESTMENT ADVISORY | $47,446 | — | $47,446 |
| BROCKWAY GERSBACH FRANKLIN & NIEMEI | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- MORGAN STANLEY GLOBAL BANKING — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $122,311
- Estimated Expense Ratio: 0.643% 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 | $122,311 | $47,446 | $74,865 | — | — |
| 2023 | $111,584 | $29,230 | $82,354 | — | — |
| 2022 | $87,716 | $19,260 | $68,456 | — | — |