Plan Snapshot
- Plan Sponsor: Iq Solutions, INC.
- Sponsor EIN: 521840355
- Sponsor Address: 6116 EXECUTIVE BLVD, ROCKVILLE, MD, 20852
- Plan Type: 401(k)
- Total Participants: 200
- Total Assets: $27.2M
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 | 200 | $27.2M | $462,639 | $1.5M |
| 2023 | 214 | $24.6M | $430,498 | $1.4M |
| 2022 | 189 | $20.0M | $381,749 | $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 |
|---|---|---|---|---|
| RUBINO & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RUBINO & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $131,621 | $101,932 | $29,689 | — | — |
| 2023 | $113,186 | $85,363 | $27,823 | — | — |
| 2022 | $109,949 | $83,442 | $26,507 | — | — |