Plan Snapshot
- Plan Sponsor: Orion Ics, LLC
- Sponsor EIN: 260307960
- Sponsor Address: 8000 REGENCY PARKWAY SUITE 430, CARY, NC, 27518
- Plan Type: 401(k)
- Total Participants: 163
- Total Assets: $21.9M
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 | 163 | $21.9M | $0 | $935,023 |
| 2023 | 249 | $20.7M | $470,159 | $1.3M |
| 2022 | 383 | $18.7M | $531,201 | $1.4M |
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 |
|---|---|---|---|---|
| LONG CPA, PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $58,411 | $38,829 | — | — | — |
| 2023 | $55,494 | $39,120 | — | — | — |
| 2022 | $58,414 | $44,082 | $14,332 | — | — |