Plan Snapshot
- Plan Sponsor: Teksynap Corporation
- Sponsor EIN: 263111285
- Sponsor Address: 1900 ORACLE WAY, SUITE 800, RESTON, VA, 20190
- Plan Type: 401(k)
- Total Participants: 1,177
- Total Assets: $60.4M
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 | 1,177 | $60.4M | $4.4M | $8.3M |
| 2023 | 1,134 | $44.4M | $3.6M | $6.8M |
| 2022 | 924 | $28.7M | $3.0M | $5.4M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT | 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 |
|---|---|---|---|---|---|
| 2024 | $165,832 | $55,328 | — | — | — |
| 2023 | $171,175 | $49,862 | — | — | — |
| 2022 | $142,931 | — | — | — | — |