Plan Snapshot
- Plan Sponsor: Creative Information Technology, INC.
- Sponsor EIN: 521989645
- Sponsor Address: 7799 LEESBURG PIKE STE 500, FALLS CHURCH, VA, 220432408
- Plan Type: 401(k)
- Total Participants: 92
- Total Assets: $25.3M
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 | $25.3M | $246,347 | $1.0M |
| 2023 | 94 | $24.3M | $245,960 | $1.1M |
| 2022 | 109 | $21.0M | $263,318 | $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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $87,630 | — | $87,630 |
| UBS FINANCIAL SERVICES INC | INVESTMENT ADVISORY | — | $37,081 | $37,081 |
| RUBINO & COMPANY, CHARTERED | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — INVESTMENT ADVISORY
- RUBINO & COMPANY, CHARTERED — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $124,711
- Estimated Expense Ratio: 0.494% 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 | $87,631 | — | $87,631 | — | — |
| 2023 | $77,150 | — | $77,150 | — | — |
| 2022 | $72,868 | — | $72,868 | — | — |