Plan Snapshot
- Plan Sponsor: Federal Management Systems INC.
- Sponsor EIN: 521708090
- Sponsor Address: 462 K ST NW, WASHINGTON, DC, 20001
- Plan Type: 401(k)
- Total Participants: 60
- Total Assets: $6.1M
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 | 60 | $6.1M | $11,767 | $481,621 |
| 2023 | 62 | $5.4M | $7,494 | $434,936 |
| 2022 | 69 | $4.8M | $10,012 | $367,683 |
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 |
|---|---|---|---|---|
| UHY, LLP | Auditor | $25,600 | — | $25,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UHY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,600
- Estimated Expense Ratio: 0.419% 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 | $57,850 | $14,696 | — | $25,600 | — |
| 2023 | $35,861 | $12,560 | — | $8,000 | — |
| 2022 | $53,055 | $36,492 | $16,563 | — | — |