Plan Snapshot
- Plan Sponsor: Cexec, INC.
- Sponsor EIN: 541032435
- Sponsor Address: 1900 CAMPUS COMMONS DRIVE, RESTON, VA, 20191
- Plan Type: 401(k)
- Total Participants: 92
- Total Assets: $26.3M
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 | 92 | $26.3M | $336,263 | $1.3M |
| 2023 | 84 | $24.3M | $391,859 | $1.2M |
| 2022 | 79 | $21.2M | $359,033 | $1.1M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $25,420 | — | $25,420 |
| BERNARD ROBINSON & COMPANY LLP | ACCOUNTANT | $17,000 | — | $17,000 |
| GALLAGHER FIDUCIARY ADVISORS, LLC | CONSULTANT | $16,000 | — | $16,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERNARD ROBINSON & COMPANY LLP — ACCOUNTANT
- GALLAGHER FIDUCIARY ADVISORS, LLC — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,420
- Estimated Expense Ratio: 0.222% 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 | $58,420 | $16,000 | — | $17,000 | — |
| 2023 | $45,730 | — | — | $4,500 | — |
| 2022 | $39,915 | — | — | — | — |