Plan Snapshot
- Plan Sponsor: Thales Defense & Security, INC.
- Sponsor EIN: 520802860
- Sponsor Address: 22605 GATEWAY CENTER DRIVE, CLARKSBURG, MD, 20871
- Plan Type: DB
- Total Participants: 40
- Total Assets: $8.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 40 | $8.8M | $143,518 | $0 |
| 2023 | 41 | $9.2M | $208,000 | $0 |
| 2022 | 44 | $8.6M | $0 | $0 |
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 |
|---|---|---|---|---|
| PICKETT, CHANEY & MCMULLEN LLP | Auditor | $9,900 | — | $9,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PICKETT, CHANEY & MCMULLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,900
- Estimated Expense Ratio: 0.112% 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 | $152,895 | $13,197 | $12,211 | $9,900 | — |
| 2023 | $160,083 | $13,097 | — | $18,250 | — |
| 2022 | $169,349 | $20,258 | — | — | $40,507 |