Plan Snapshot
- Plan Sponsor: Edgesource Corporation
- Sponsor EIN: 841421894
- Sponsor Address: 1199 N. FAIRFAX STREET, ALEXANDRIA, VA, 22314
- Plan Type: 401(k)
- Total Participants: 159
- Total Assets: $13.0M
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 | 159 | $13.0M | $694,327 | $1.4M |
| 2023 | 142 | $9.7M | $529,890 | $1.1M |
| 2022 | 89 | $5.6M | $65,426 | $458,937 |
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 |
|---|---|---|---|---|
| ALLEGIANCE FINANCIAL GROUP ADVISORY | ADVISOR | $29,133 | — | $29,133 |
| ADP INC | RECORDKEEPER | $12,876 | — | $12,876 |
| FRAZIER & DETTER, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP INC — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,009
- Estimated Expense Ratio: 0.323% 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 | $45,609 | $29,133 | $3,600 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |