Plan Snapshot
- Plan Sponsor: Compass Systems, INC.
- Sponsor EIN: 522210826
- Sponsor Address: 21471 GREAT MILLS RD, LEXINGTON PARK, MD, 206531220
- Plan Type: 401(k)
- Total Participants: 102
- Total Assets: $9.9M
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 | 102 | $9.9M | $115,163 | $722,748 |
| 2023 | 95 | $8.8M | $96,646 | $601,357 |
| 2022 | 81 | $9.3M | $84,050 | $514,602 |
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 |
|---|---|---|---|---|
| BEHRENS & BANKS, PC | 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 | $55,049 | — | $55,049 | — | — |
| 2023 | $54,314 | — | $54,314 | — | — |
| 2022 | $56,156 | — | $56,156 | — | — |