Plan Snapshot
- Plan Sponsor: Orbital Engineering, INC.
- Sponsor EIN: 251199560
- Sponsor Address: 1344 5TH AVENUE, PITTSBURGH, PA, 15219
- Plan Type: 401(k)
- Total Participants: 594
- Total Assets: $36.5M
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 | 594 | $36.5M | $1.4M | $4.2M |
| 2023 | 533 | $29.3M | $1.1M | $3.5M |
| 2022 | 413 | $25.0M | $938,203 | $2.9M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY | INVESTMENT ADVISOR | $62,255 | — | $62,255 |
| EMPOWER ANNUITY INSURANCE CO OF AME | RECORDKEEPER | $49,179 | — | $49,179 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MANAGER | $29,870 | — | $29,870 |
| SISTERSON & CO LLP | AUDITOR | $26,669 | — | $26,669 |
| METRO BENEFITS, INC. | CONTRACT ADMIN | $24,969 | — | $24,969 |
| SISTERSON & CO. LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT ADVISOR
- SISTERSON & CO. LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $192,942
- Estimated Expense Ratio: 0.529% 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 | $176,853 | — | — | — | — |
| 2023 | $94,475 | — | — | — | — |
| 2022 | $124,243 | — | — | — | — |