Plan Snapshot
- Plan Sponsor: Tenica And Associates LLC
- Sponsor EIN: 262669002
- Sponsor Address: 4795 MEADOW WOOD LANE, SUITE 200 W, CHANTILLY, VA, 20151
- Plan Type: 401(k)
- Total Participants: 235
- Total Assets: $21.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 235 | $21.3M | $797,247 | $1.8M |
| 2023 | 237 | $17.0M | $834,366 | $1.9M |
| 2022 | 248 | $12.2M | $731,015 | $1.7M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $132,176 | — | $132,176 |
| PBMARES, LLP | OTHER SERVICES | — | $5,494 | $5,494 |
| CHARLES W. SNADER, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PBMARES, LLP — OTHER SERVICES
- CHARLES W. SNADER, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $137,670
- Estimated Expense Ratio: 0.646% 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 | $132,247 | — | $132,247 | — | — |
| 2023 | $105,551 | — | $105,551 | — | — |
| 2022 | $90,213 | — | $90,213 | — | — |