# Science And Technology Corporation 401(k) Plan
Source: https://planprovider.pro/companies/science-and-technology-corporation-401k-plan

> Science And Technology Corporation's 401(k) plan: 289 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Science And Technology Corporation

- **Sponsor EIN:** 541144165

- **Sponsor Address:** 21 ENTERPRISE PARKWAY, HAMPTON, VA, 23666

- **Plan Type:** 401(k)

- **Total Participants:** 289

- **Total Assets:** $44.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|289|$44.6M|$835,016|$2.3M|

| 2023|254|$41.5M|$734,953|$2.0M|

| 2022|253|$34.5M|$740,365|$2.0M|

## 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|$64,891|—|$64,891|

| BROWN EDWARDS|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BROWN EDWARDS](https://planprovider.pro/provider/brown-edwards-and-company-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $64,891

- **Estimated Expense Ratio:** 0.146% 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|$64,905|—|$64,905|—|—|

| 2023|$94,409|—|$94,409|—|—|

| 2022|$98,068|—|$98,068|—|—|

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