Plan Snapshot
- Plan Sponsor: Digitalspec, LLC
- Sponsor EIN: 161715885
- Sponsor Address: 11230 WAPLES MILL RD.,, FAIRFAX, VA, 22030
- Plan Type: 401(k)
- Total Participants: 11
- Total Assets: $4.8M
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 | 11 | $4.8M | $93,533 | $365,843 |
| 2023 | 59 | $5.2M | $315,281 | $579,855 |
| 2022 | 69 | $4.2M | $130,418 | $712,059 |
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 |
|---|---|---|---|---|
| PRATAP SINGH | 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 | $15,657 | — | — | — | — |
| 2023 | $14,838 | $988 | — | — | — |
| 2022 | $13,171 | — | — | — | — |