# Edgesource Corporation 401(k) Plan
Source: https://planprovider.pro/companies/edgesource-corporation-401k-plan

> Edgesource Corporation&#39;s 401(k) plan: 159 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/adp-retirement-services) — 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|—|—|—|—|—|

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