Plan Snapshot
- Plan Sponsor: Management Support Technology, INC
- Sponsor EIN: 541577909
- Sponsor Address: 3701 PENDER DRIVE, FAIRFAX, VA, 22030
- Plan Type: DC
- Total Participants: 44
- Total Assets: $407,199
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 44 | $407,199 | $28,918 | $0 |
| 2023 | 50 | $412,431 | $36,755 | $0 |
| 2022 | 63 | $400,063 | $42,379 | $0 |
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 |
|---|---|---|---|---|
| BOON ADMINISTRATIVE SERVICES, INC | NONE | $6,110 | — | $6,110 |
| MATTHEWS, CARTER, & BOYCE | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,110
- Estimated Expense Ratio: 1.500% 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 | $12,147 | — | — | — | — |
| 2023 | $12,944 | — | — | — | — |
| 2022 | — | — | — | — | — |