Plan Snapshot
- Plan Sponsor: Sierra Management And Technologies, INC.
- Sponsor EIN: 521651979
- Sponsor Address: 45310 ABELL HOUSE LANE, CALIFORNIA, MD, 20619
- Plan Type: 401(k)
- Total Participants: 107
- Total Assets: $13.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 107 | $13.7M | $262,201 | $824,499 |
| 2023 | 87 | $11.9M | $273,007 | $797,020 |
| 2022 | 91 | $12.0M | $457,863 | $794,785 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT SERVICES | Recordkeeper | $54,732 | — | $54,732 |
| COASTAL PENSION SERVICES | Other Service Provider | $8,329 | — | $8,329 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT SERVICES — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,061
- Estimated Expense Ratio: 0.462% 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 | $68,662 | — | $68,662 | — | — |
| 2023 | $65,175 | — | $65,175 | — | — |
| 2022 | $72,193 | — | $72,193 | — | — |