Plan Snapshot
- Plan Sponsor: Iron Bow Technologies, LLC
- Sponsor EIN: 261615129
- Sponsor Address: 2121 COOPERATIVE WAY, HERNDON, VA, 20171
- Plan Type: 401(k)
- Total Participants: 1,078
- Total Assets: $123.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,078 | $123.1M | $4.7M | $9.9M |
| 2023 | 1,051 | $103.8M | $4.2M | $9.1M |
| 2022 | 996 | $80.3M | $3.5M | $7.9M |
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 |
|---|---|---|---|---|
| BDO USA, P. C. | Auditor | $13,800 | — | $13,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P. C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,800
- Estimated Expense Ratio: 0.011% 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 | $144,446 | $155 | — | $13,800 | — |
| 2023 | $143,153 | $723 | — | $22,100 | — |
| 2022 | $116,462 | — | — | — | $52,953 |