Plan Snapshot
- Plan Sponsor: Obsidian Solutions Group LLC
- Sponsor EIN: 273709520
- Sponsor Address: 1130 INTERNATIONAL PARKWAY, STE125, FREDERICKSBURG, VA, 22406
- Plan Type: 401(k)
- Total Participants: 216
- Total Assets: $12.2M
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 | 216 | $12.2M | $772,392 | $1.7M |
| 2023 | 201 | $9.4M | $724,738 | $1.6M |
| 2022 | 156 | $6.7M | $423,230 | $989,875 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $27,255 | — | $27,255 |
| NFP RETIREMENT INC | Investment Advisor | $11,208 | — | $11,208 |
| SIGNATURE ESTATE SECURITIES INC | Investment Advisor | — | $6,638 | $6,638 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,101
- Estimated Expense Ratio: 0.370% 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 | $38,463 | $11,208 | — | — | — |
| 2023 | $33,836 | — | — | — | — |
| 2022 | $13,975 | — | $13,975 | — | — |