Plan Snapshot
- Plan Sponsor: International Business Sales & Services Corp.
- Sponsor EIN: 521765836
- Sponsor Address: 2315 PARKER AVE, SILVER SPRING, MD, 209021934
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 208
- Total Assets: $11.0M
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 | 208 | $11.0M | $623,401 | $1.3M |
| 2023 | 218 | $8.8M | $525,162 | $1.1M |
| 2022 | 228 | $7.3M | $442,331 | $945,301 |
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 |
|---|---|---|---|---|
| STADION MONEY MANAGEMENT | Investment Advisor | $25,260 | — | $25,260 |
| MUTUAL OF OMAHA | Recordkeeper | $20,060 | — | $20,060 |
| ASCENSUS LLC | Recordkeeper | $19,099 | — | $19,099 |
| STALKER & ASSOCIATES, INC | Recordkeeper | $9,114 | — | $9,114 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STADION MONEY MANAGEMENT — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,533
- Estimated Expense Ratio: 0.670% 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 | $49,258 | — | $49,258 | — | — |
| 2023 | $22,675 | — | $22,675 | — | — |
| 2022 | $22,366 | — | $22,366 | — | — |