Plan Snapshot
- Plan Sponsor: Q.E.D. Systems, INC.
- Sponsor EIN: 540850637
- Sponsor Address: 4646 WITCHDUCK ROAD, VIRGINIA BEACH, VA, 23455
- Plan Type: 401(k)
- Total Participants: 438
- Total Assets: $31.2M
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 | 438 | $31.2M | $219,231 | $2.5M |
| 2023 | 635 | $30.9M | $224,970 | $2.6M |
| 2022 | 649 | $27.0M | $247,516 | $2.7M |
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 |
|---|---|---|---|---|
| CHERRY BEKEART LLP | 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 | $92,087 | $12,152 | — | — | — |
| 2023 | $113,309 | — | — | — | — |
| 2022 | $112,699 | — | — | — | — |