Plan Snapshot
- Plan Sponsor: Science Systems And Applications, INC.
- Sponsor EIN: 521087599
- Sponsor Address: 10210 GREENBELT ROAD, LANHAM, MD, 20706
- Plan Type: 401(k)
- Total Participants: 692
- Total Assets: $228.2M
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 | 692 | $228.2M | $5.3M | $9.2M |
| 2023 | 809 | $207.8M | $2.9M | $11.1M |
| 2022 | 988 | $200.3M | $4.4M | $12.3M |
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 |
|---|---|---|---|---|
| PBMARES, LLP | Auditor | $19,793 | — | $19,793 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PBMARES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,793
- Estimated Expense Ratio: 0.009% 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 | $194,956 | $45,181 | — | $19,793 | — |
| 2023 | $182,249 | $45,165 | — | — | — |
| 2022 | $193,102 | $45,000 | — | — | $37,500 |