Plan Snapshot
- Plan Sponsor: Trace Systems INC.
- Sponsor EIN: 223684941
- Sponsor Address: 8251 GREENSBORO DRIVE, MCLEAN, VA, 22102
- Plan Type: 401(k)
- Total Participants: 387
- Total Assets: $35.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 387 | $35.0M | $1.4M | $3.7M |
| 2023 | 348 | $31.1M | $1.5M | $3.6M |
| 2022 | 289 | $24.4M | $1.2M | $3.0M |
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 |
|---|---|---|---|---|
| MID ATLANTIC FINANCIAL MANAGEMENT | Investment Advisor | $72,214 | — | $72,214 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $41,831 | — | $41,831 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $11,767 | — | $11,767 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MID ATLANTIC FINANCIAL MANAGEMENT — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,812
- Estimated Expense Ratio: 0.359% 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 | $125,812 | $83,981 | — | — | — |
| 2023 | $107,213 | $70,580 | $300 | — | — |
| 2022 | $106,686 | $8,862 | — | — | — |