Plan Snapshot
- Plan Sponsor: Sev1tech, LLC
- Sponsor EIN: 272015706
- Sponsor Address: 12700 BLACK FOREST LANE, WOODBRIDGE, VA, 22192
- Plan Type: 401(k)
- Plan Number: 503
- Total Participants: 937
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 937 | $0 | $0 | $0 |
| 2023 | 971 | $0 | $0 | $0 |
| 2022 | 928 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|
| CAPITAL GROUP BENEFITS | Investment Advisor | $262,320 | — | $262,320 |
| ALLIED BENEFIT SYSTEMS, LLC | Recordkeeper | $205,071 | — | $205,071 |
| CIGNA HEALTH & LIFE INSURANCE | Other Service Provider | $106,041 | — | $106,041 |
| BENEFIT BRAINSTORM, INC. | Other Service Provider | $72,072 | — | $72,072 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $645,504
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 | — | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |