Plan Snapshot
- Plan Sponsor: Qinetiq INC.
- Sponsor EIN: 541642759
- Sponsor Address: 1800 TYSONS BOULEVARD, MCLEAN, VA, 22102
- Plan Type: 401(k)
- Total Participants: 1,363
- Total Assets: $127.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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. |
|---|---|---|---|---|
| 2024 | 1,363 | $127.6M | $7.6M | $12.8M |
| 2023 | 487 | $101.6M | $1.8M | $4.6M |
| 2022 | 467 | $89.6M | $1.7M | $4.3M |
| 2021 | 398 | $108.5M | $0 | $0 |
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 |
|---|---|---|---|---|
| COHNREZNICK 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 | $343,682 | $83,504 | $137,127 | — | — |
| 2023 | $260,080 | $188,174 | $8,108 | $9,300 | — |
| 2022 | $120,378 | — | — | — | — |
| 2021 | $120,339 | — | — | — | — |