Plan Snapshot
- Plan Sponsor: Declaration Networks Group INC
- Sponsor EIN: 465229482
- Sponsor Address: 8245 BOONE BLVD STE 230, VIENNA, VA, 221823875
- Plan Type: 401(k)
- Total Participants: 105
- Total Assets: $1.9M
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 | 105 | $1.9M | $155,122 | $410,024 |
| 2023 | 123 | $1.4M | $122,207 | $299,275 |
| 2022 | 66 | $539,136 | $0 | $168,213 |
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 |
|---|---|---|---|---|
| 401K GENERATION | CONTRACT ADMINISTRATOR | $6,529 | — | $6,529 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,529
- Estimated Expense Ratio: 0.338% 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 | $10,600 | $788 | $9,812 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |