Plan Snapshot
- Plan Sponsor: Microsystems Automation Group
- Sponsor EIN: 541651781
- Sponsor Address: 2785 B HARTLAND RD, FALLS CHURCH, VA, 22043
- Plan Type: 401(k)
- Total Participants: 32
- Total Assets: $9.2M
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. |
|---|---|---|---|---|
| 2024 | 32 | $9.2M | $106,802 | $481,983 |
| 2023 | 118 | $9.7M | $127,970 | $673,625 |
| 2022 | 112 | $8.4M | $134,174 | $799,765 |
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 |
|---|---|---|---|---|
| CST GROUP CPA'S, PC | Auditor | $14,500 | — | $14,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,500
- Estimated Expense Ratio: 0.157% 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 | $21,630 | $3,168 | — | $14,500 | — |
| 2023 | $19,986 | — | — | $14,000 | — |
| 2022 | $19,191 | — | — | — | $19,191 |