Plan Snapshot
- Plan Sponsor: Spin Systems, INC.
- Sponsor EIN: 541918968
- Sponsor Address: 3120 FAIRVIEW PARK DRIVE, FALLS CHURCH, VA, 220424569
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $13.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2023 | 0 | $13.3M | $554,901 | $1.8M |
| 2022 | 204 | $12.9M | $584,678 | $1.9M |
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 |
|---|---|---|---|---|
| ANGLIN REICHMANN ARMSTRONG, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 |
|---|---|---|---|---|---|
| 2023 | $88,438 | $45,056 | $43,382 | — | — |
| 2022 | $73,139 | $37,925 | $35,214 | — | — |