Plan Snapshot
- Plan Sponsor: Independent Project Analysis, INC.
- Sponsor EIN: 541435030
- Sponsor Address: 44426 ATWATER DR STE 100, ASHBURN, VA, 201473364
- Plan Type: 401(k)
- Total Participants: 127
- Total Assets: $49.1M
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 | 127 | $49.1M | $976,396 | $1.3M |
| 2023 | 118 | $45.6M | $924,771 | $1.2M |
| 2022 | 110 | $37.5M | $903,415 | $1.2M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY GLOBAL BA | INVESTMENT ADVISORY | $96,783 | — | $96,783 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $55,550 | — | $55,550 |
| KAISER SCHERER & SCHLEGEL, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL BA — INVESTMENT ADVISORY
- KAISER SCHERER & SCHLEGEL, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $152,333
- Estimated Expense Ratio: 0.310% 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 | $152,333 | $96,783 | $55,550 | — | — |
| 2023 | $111,112 | $64,239 | $46,873 | — | — |
| 2022 | $134,945 | $73,439 | $61,506 | — | — |