Plan Snapshot
- Plan Sponsor: Liquidity Services, INC.
- Sponsor EIN: 522209244
- Sponsor Address: 6931 ARLINGTON ROAD, BETHESDA, MD, 20814
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 998
- Total Assets: $81.9M
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. |
|---|---|---|---|---|
| 2025 | 998 | $81.9M | $0 | $0 |
| 2024 | 713 | $67.9M | $1.4M | $4.4M |
| 2023 | 619 | $58.7M | $1.3M | $3.9M |
| 2022 | 627 | $49.8M | $1.1M | $3.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $70,443 | — | $70,443 |
| WEALTHSPIRE RETIREMENT ADVISORY | Investment Advisor | $29,986 | — | $29,986 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $17,493 | — | $17,493 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $117,922
- Estimated Expense Ratio: 0.144% 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 |
|---|---|---|---|---|---|
| 2025 | $4,026,113 | $63,370 | $300 | — | — |
| 2024 | $122,228 | $27,501 | — | — | — |
| 2023 | $108,402 | $39,468 | $300 | — | — |
| 2022 | $78,470 | $8,658 | — | — | — |