Plan Snapshot
- Plan Sponsor: Think Systems, INC.
- Sponsor EIN: 200687239
- Sponsor Address: 1954 GREENSPRING DRIVE, TIMONIUM, MD, 21093
- Plan Type: 401(k)
- Total Participants: 139
- Total Assets: $7.1M
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 | 139 | $7.1M | $333,932 | $917,722 |
| 2023 | 145 | $6.0M | $277,113 | $874,074 |
| 2022 | 107 | $4.1M | $191,662 | $678,824 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $27,512 | — | $27,512 |
| ADP, INC. | Recordkeeper | $26,440 | — | $26,440 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,952
- Estimated Expense Ratio: 0.761% 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 | $53,953 | $27,728 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |