Plan Snapshot
- Plan Sponsor: Tensley Consulting, INC.
- Sponsor EIN: 271259847
- Sponsor Address: 131 NATIONAL BUSINESS PKWY STE 200, ANNAPOLIS JUNCTION, MD, 20701
- Plan Type: 401(k)
- Total Participants: 94
- Total Assets: $22.1M
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 | 94 | $22.1M | $1.8M | $1.0M |
| 2023 | 86 | $19.0M | $1.4M | $904,103 |
| 2022 | 125 | $15.8M | $1.2M | $836,951 |
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 |
|---|---|---|---|---|
| MORNINGSTAR | Investment Advisor | $7,286 | $2,952 | $10,238 |
| SCP RETIREMENT SERVICES LLC | Other Service Provider | — | $9,483 | $9,483 |
| VOYA RETIREMENT INSURANCE ANNUITY | Other Service Provider | $6,514 | — | $6,514 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORNINGSTAR — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,235
- Estimated Expense Ratio: 0.119% 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 | $18,136 | — | $14,086 | — | — |
| 2023 | $11,381 | — | $9,081 | — | — |
| 2022 | — | — | — | — | — |