Plan Snapshot
- Plan Sponsor: Coherent Technical Services, INC
- Sponsor EIN: 203557917
- Sponsor Address: 43880 COMMERCE AVENUE, HOLLYWOOD, MD, 20636
- Plan Type: 401(k)
- Total Participants: 177
- Total Assets: $25.9M
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 | 177 | $25.9M | $672,351 | $1.6M |
| 2023 | 175 | $22.2M | $593,340 | $1.4M |
| 2022 | 153 | $18.5M | $563,904 | $1.3M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $34,569 | — | $34,569 |
| WELLTH ADVISORY SERVICES, LLC | INVESTMENT/FINANCIAL ADVI | $24,917 | — | $24,917 |
| GLOBAL RETIREMENT PARTNERS | INVESTMENT/FINANCIAL ADVI | $16,913 | — | $16,913 |
| PLANCHECK CPA'S LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- GLOBAL RETIREMENT PARTNERS — INVESTMENT/FINANCIAL ADVI
- PLANCHECK CPA'S LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,399
- Estimated Expense Ratio: 0.295% 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 | $76,402 | — | — | — | — |
| 2023 | $59,937 | $34,462 | — | — | — |
| 2022 | $55,427 | — | — | — | — |