Plan Snapshot
- Plan Sponsor: Stc Management, LLC
- Sponsor EIN: 331097329
- Sponsor Address: 13300 MINNIEVILLE ROAD, WOODBRIDGE, VA, 22192
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 89
- Total Assets: $245,073
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 | 89 | $245,073 | $1.1M | $322,963 |
| 2023 | 80 | $280,805 | $905,292 | $317,890 |
| 2022 | 86 | $186,963 | $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 |
|---|---|---|---|---|
| BROWN & BROWN (VA) | Investment Advisor | $39,653 | — | $39,653 |
| THE BENECON GROUP | Investment Advisor | $28,839 | — | $28,839 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $10,400 | — | $10,400 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,892
- Estimated Expense Ratio: 32.191% 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 | $1,442,391 | — | — | — | — |
| 2023 | $1,166,703 | — | — | — | — |
| 2022 | $956,950 | — | — | — | — |