Plan Snapshot
- Plan Sponsor: The Informatics Applications Group, INC.
- Sponsor EIN: 352190095
- Sponsor Address: 11911 FREEDOM DRIVE, RESTON, VA, 20190
- Plan Type: 401(k)
- Total Participants: 273
- Total Assets: $25.9M
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 | 273 | $25.9M | $531,615 | $2.1M |
| 2023 | 263 | $21.8M | $577,195 | $2.4M |
| 2022 | 313 | $18.0M | $586,282 | $2.3M |
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 |
|---|---|---|---|---|
| THE CAPITAL GROUP INV ADVISORY | ADVISOR | $56,214 | — | $56,214 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $36,088 | — | $36,088 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $7,107 | — | $7,107 |
| SIKICH CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,409
- Estimated Expense Ratio: 0.385% 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 | $99,409 | $63,321 | — | — | — |
| 2023 | $87,079 | $56,035 | — | — | — |
| 2022 | $82,010 | $7,102 | — | — | — |