Plan Snapshot
- Plan Sponsor: Royce Geospatial Consultants INC.
- Sponsor EIN: 472416792
- Sponsor Address: 4001 N. FAIRFAX DRIVE, SUITE 201, ARLINGTON, VA, 22203
- Plan Type: 401(k)
- Total Participants: 173
- Total Assets: $12.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 173 | $12.9M | $739,671 | $1.4M |
| 2023 | 132 | $9.8M | $663,075 | $1.3M |
| 2022 | 104 | $7.0M | $484,572 | $957,826 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $49,858 | — | $49,858 |
| ROYAL ALLIANCE ASSOCIATES, INC. | INVESTMENT ADVISORY | — | $25,596 | $25,596 |
| ORENDA RETIREMENT, LLC | CONTRACT ADMINISTRATOR | $2,700 | $7,173 | $9,873 |
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ROYAL ALLIANCE ASSOCIATES, INC. — INVESTMENT ADVISORY
- PENSION ASSURANCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,327
- Estimated Expense Ratio: 0.661% 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 | $52,558 | — | $52,558 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |