Plan Snapshot
- Plan Sponsor: Geologics Corporation
- Sponsor EIN: 521638914
- Sponsor Address: 5500 CHEROKEE AVENUE, ALEXANDRIA, VA, 223122328
- Plan Type: 401(k)
- Total Participants: 158
- Total Assets: $22.9M
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 | 158 | $22.9M | $167,908 | $1.2M |
| 2023 | 163 | $23.2M | $0 | $1.3M |
| 2022 | 201 | $21.5M | $351,899 | $1.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $49,445 | — | $49,445 |
| MERRILL LYNCH PIERCE FENNER & SMITH | CONSULTANT | $27,537 | $105 | $27,642 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,087
- Estimated Expense Ratio: 0.336% 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 | $76,997 | $10,332 | $49,446 | — | — |
| 2023 | $58,376 | — | $58,376 | — | — |
| 2022 | $63,474 | — | $63,474 | — | — |