Plan Snapshot
- Plan Sponsor: Sectek, INC.
- Sponsor EIN: 341726791
- Sponsor Address: 1670 TYSONS BLVD STE 910, TYSONS, VA, 22102
- Plan Type: 401(k)
- Total Participants: 649
- Total Assets: $4.7M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 649 | $4.7M | $38,563 | $263,262 |
| 2023 | 680 | $4.3M | $123,581 | $234,998 |
| 2022 | 487 | $4.0M | $382,934 | $98,427 |
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 |
|---|---|---|---|---|
| SC&H ATTEST SERVICES, P.C. | Auditor | $10,598 | — | $10,598 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SC&H ATTEST SERVICES, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,598
- Estimated Expense Ratio: 0.227% 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 | $41,515 | — | $30,917 | $10,598 | — |
| 2023 | $53,763 | — | $29,383 | $24,380 | — |
| 2022 | $62,336 | — | $36,483 | — | $25,853 |