Plan Snapshot
- Plan Sponsor: System Studies & Simulation, INC.
- Sponsor EIN: 631060391
- Sponsor Address: 615 DISCOVERY DRIVE, HUNTSVILLE, AL, 35806
- Plan Type: 401(k)
- Total Participants: 708
- Total Assets: $62.4M
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 | 708 | $62.4M | $1.1M | $2.0M |
| 2023 | 481 | $59.3M | $1.1M | $1.7M |
| 2022 | 204 | $53.4M | $1.0M | $1.8M |
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 |
|---|---|---|---|---|
| ERISA SMART | CONSULTANT | $23,212 | — | $23,212 |
| KESTRA ADVISORY SERVICES, LLC FBO | INVESTMENT ADVISOR | $22,500 | — | $22,500 |
| HILL FOGG, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES, LLC FBO — INVESTMENT ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,712
- Estimated Expense Ratio: 0.073% 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 | -$56,463 | $22,500 | — | — | — |
| 2023 | -$45,243 | — | $3,600 | $5,785 | — |
| 2022 | -$62,061 | — | — | — | — |