Plan Snapshot
- Plan Sponsor: Metaphase Consulting, LLC
- Sponsor EIN: 463528774
- Sponsor Address: 11911 FREEDOM DR, RESTON, VA, 20190
- Plan Type: 401(k)
- Total Participants: 320
- Total Assets: $17.1M
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 | 320 | $17.1M | $1.5M | $3.0M |
| 2023 | 288 | $10.9M | $1.1M | $2.3M |
| 2022 | 204 | $5.5M | $620,849 | $1.5M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $50,638 | $74 | $50,712 |
| ADP, INC. | RECORD KEEPER | $49,214 | — | $49,214 |
| AXXIS FINANCIAL | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,926
- Estimated Expense Ratio: 0.583% 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 | $99,853 | $50,638 | — | — | — |
| 2023 | $61,958 | — | — | — | — |
| 2022 | $42,958 | — | — | — | — |