Plan Snapshot
- Plan Sponsor: American Systems Corporation
- Sponsor EIN: 540962497
- Sponsor Address: 14151 PARK MEADOWS DR, CHANTILLY, VA, 201512218
- Plan Type: DC
- Total Participants: 1,476
- Total Assets: $338.5M
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 | 1,476 | $338.5M | $2.1M | $0 |
| 2023 | 1,425 | $331.3M | $579,054 | $0 |
| 2022 | 1,381 | $291.8M | $1.9M | $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 |
|---|---|---|---|---|
| COHNREZNICK LLP | 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 | $287,272 | $80,000 | $137,935 | — | — |
| 2023 | $277,104 | $75,000 | $131,087 | $21,000 | — |
| 2022 | $271,114 | $75,000 | $118,055 | — | — |