Plan Snapshot
- Plan Sponsor: Tegra LLC
- Sponsor EIN: 813245492
- Sponsor Address: 3801 E. PRINCESS ANNE DR, NORFOLK, VA, 23502
- Plan Type: 401(k)
- Total Participants: 346
- Total Assets: $6.6M
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 | 346 | $6.6M | $248,060 | $451,872 |
| 2023 | 537 | $6.4M | $260,519 | $481,414 |
| 2022 | 0 | $5.9M | $382,561 | $782,408 |
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 |
|---|---|---|---|---|
| WINDAM BRANNON | Auditor | $8,000 | — | $8,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WINDAM BRANNON — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,000
- Estimated Expense Ratio: 0.121% 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 | $46,608 | $30,825 | — | $8,000 | — |
| 2023 | $35,577 | $30,027 | — | $750 | — |
| 2022 | $94,663 | — | $94,663 | — | — |