Plan Snapshot
- Plan Sponsor: International Business & Technical Consultants
- Sponsor EIN: 621327398
- Sponsor Address: 8618 WESTWOOD CENTER DRIVE, VIENNA, VA, 221822233
- Plan Type: 401(k)
- Total Participants: 87
- Total Assets: $7.0M
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 | 87 | $7.0M | $311,373 | $627,441 |
| 2023 | 84 | $6.0M | $156,031 | $566,791 |
| 2022 | 83 | $6.1M | $188,535 | $599,467 |
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 | Recordkeeper | $29,860 | — | $29,860 |
| ROYAL ALLIANCE ASSOCIATES, INC. | Investment Advisor | — | $15,525 | $15,525 |
| AMERICAN RETIREMENT PLAN SERVICES L | Recordkeeper | $4,489 | $2,822 | $7,311 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ROYAL ALLIANCE ASSOCIATES, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,696
- Estimated Expense Ratio: 0.749% 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 | $34,350 | — | $34,350 | — | — |
| 2023 | $31,244 | — | $31,244 | — | — |
| 2022 | $35,707 | — | $35,707 | — | — |