Plan Snapshot
- Plan Sponsor: Automated Precision, INC.
- Sponsor EIN: 521448877
- Sponsor Address: 15000 JOHNS HOPKINS DRIVE, ROCKVILLE, MD, 20850
- Plan Type: 401(k)
- Total Participants: 98
- Total Assets: $11.5M
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 | 98 | $11.5M | $253,378 | $561,299 |
| 2023 | 105 | $10.5M | $254,469 | $551,929 |
| 2022 | 111 | $8.5M | $254,792 | $579,409 |
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 |
|---|---|---|---|---|
| EAGLES STRATEGIES, LLC | Other Service Provider | $20,000 | — | $20,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,000
- Estimated Expense Ratio: 0.174% 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 | $21,080 | $20,000 | $1,080 | — | — |
| 2023 | $20,730 | $20,000 | $730 | — | — |
| 2022 | $20,605 | $20,000 | $605 | — | — |