Plan Snapshot
- Plan Sponsor: Thales Usa, INC.
- Sponsor EIN: 060938363
- Sponsor Address: 2733 SOUTH CRYSTAL DRIVE, ARLINGTON, VA, 22202
- Plan Type: 401(k)
- Total Participants: 4,907
- Total Assets: $1.6B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 4,907 | $1.6B | $37.6M | $48.7M |
| 2023 | 4,059 | $1.3B | $35.4M | $45.6M |
| 2022 | 3,700 | $1.1B | $31.4M | $39.7M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $482,088 | — | $482,088 |
| CLEARSTEAD ADVISORS, LLC | INVESTMENT ADVISOR | $163,053 | — | $163,053 |
| PICKETT, CHANEY & MCMULLEN LLP | ACCOUNTANT/AUDITOR | $28,050 | — | $28,050 |
| THOMPSON HINE | ATTORNEY/LEGAL | $12,600 | — | $12,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- PICKETT, CHANEY & MCMULLEN LLP — ACCOUNTANT/AUDITOR
- THOMPSON HINE — ATTORNEY/LEGAL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $685,791
- Estimated Expense Ratio: 0.043% 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 | $673,120 | $163,053 | $3,000 | $28,050 | — |
| 2023 | $494,720 | $173,604 | $5,400 | $27,750 | — |
| 2022 | $357,639 | — | — | — | — |