Plan Snapshot
- Plan Sponsor: Polaris Project
- Sponsor EIN: 030391561
- Sponsor Address: 1110 VERMONT AVENUE, NW, WASHINGTON, DC, 20005
- Plan Type: 401(k)
- Total Participants: 122
- Total Assets: $4.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 122 | $4.0M | $200,485 | $408,314 |
| 2022 | 135 | $3.0M | $268,539 | $414,403 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | $50,660 | — | $50,660 |
| UBS FINANCIAL SERVICES INC. | Recordkeeper | — | $28,084 | $28,084 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,744
- Estimated Expense Ratio: 1.990% 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 |
|---|---|---|---|---|---|
| 2023 | $25,578 | $495 | $25,083 | — | — |
| 2022 | $22,015 | — | — | — | — |