Plan Snapshot
- Plan Sponsor: Symplicity Corporation
- Sponsor EIN: 364160472
- Sponsor Address: 3003 WASHINGTON BLVD STE 900, ARLINGTON, VA, 222016711
- Plan Type: 401(k)
- Total Participants: 138
- Total Assets: $18.2M
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. |
|---|---|---|---|---|
| 2024 | 138 | $18.2M | $0 | $1.2M |
| 2023 | 147 | $15.7M | $263,981 | $1.3M |
| 2022 | 145 | $12.0M | $235,565 | $1.1M |
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 |
|---|---|---|---|---|
| KESTRA ADVISORY SERVICES, LLC | ADVISOR | $34,046 | — | $34,046 |
| PAYCHEX, INC. | RECORDKEEPER | $29,325 | — | $29,325 |
| 401K GENERATION | CONTRACT ADMINISTRATOR | $8,530 | — | $8,530 |
| POOLER CPA GROUP LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES, LLC — ADVISOR
- PAYCHEX, INC. — RECORDKEEPER
- POOLER CPA GROUP LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,901
- Estimated Expense Ratio: 0.395% 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 | $72,551 | $34,046 | $37,645 | — | — |
| 2023 | $56,169 | $32,820 | $22,489 | — | — |
| 2022 | $51,490 | $23,983 | $27,507 | — | — |