Plan Snapshot
- Plan Sponsor: Kastle Systems International LLC
- Sponsor EIN: 542026653
- Sponsor Address: 6402 ARLINGTON BLVD, FALLS CHURCH, VA, 220422356
- Plan Type: 401(k)
- Total Participants: 703
- Total Assets: $49.2M
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 | 703 | $49.2M | $0 | $4.6M |
| 2023 | 729 | $42.5M | $0 | $4.5M |
| 2022 | 797 | $36.4M | $332,500 | $4.3M |
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 | CONTRACT ADMINISTRATOR | $159,621 | — | $159,621 |
| WELLS FARGO ADVISORS FIN NETWORK | INVESTMENT ADVISORY | — | $67,441 | $67,441 |
| CARR, RIGGS & INGRAM, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $227,062
- Estimated Expense Ratio: 0.461% 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 | $159,621 | — | $159,621 | — | — |
| 2023 | $150,644 | — | $150,644 | — | — |
| 2022 | $153,432 | — | $138,032 | — | $15,400 |