# Network Designs, INC. 401(k) Plan
Source: https://planprovider.pro/companies/network-designs-inc-401k-plan

> Network Designs, INC.&#39;s 401(k) plan: 199 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Network Designs, INC.

- **Sponsor EIN:** 541297075

- **Sponsor Address:** 1651 OLD MEADOW ROAD, MCLEAN, VA, 221024308

- **Plan Type:** 401(k)

- **Total Participants:** 199

- **Total Assets:** $21.3M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|199|$21.3M|$649,764|$2.3M|

| 2023|188|$18.3M|$502,675|$1.8M|

| 2022|136|$14.0M|$274,462|$993,502|

## 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|$86,121|—|$86,121|

| SECURITIES AMERICA, INC.|OTHER SERVICES|—|$31,085|$31,085|

| UNIGLOBAL PENSION PLANNING, INC.|CONTRACT ADMINISTRATOR|$3,080|$8,505|$11,585|

| OSAIC WEALTH INC.|OTHER SERVICES|—|$11,442|$11,442|

| SC&H ATTEST SERVICES, PC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [OSAIC WEALTH INC.](https://planprovider.pro/provider/royal-alliance-associates-inc) — OTHER SERVICES

- [SC&H ATTEST SERVICES, PC](https://planprovider.pro/provider/scandh-attest-services-pc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $140,233

- **Estimated Expense Ratio:** 0.659% 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|$88,982|—|$88,982|—|—|

| 2023|$44,111|—|$44,111|—|—|

| 2022|—|—|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/network-designs-inc-401k-plan)

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