# Sectek, INC. 401(k) Plan
Source: https://planprovider.pro/companies/sectek-inc-401k-plan

> Sectek, INC.'s 401(k) plan: 649 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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.](https://planprovider.pro/provider/scandh-attest-services-pc) — 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|

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