Plan Snapshot
- Plan Sponsor: Turningpoint Global Solutions, LLC
- Sponsor EIN: 810575201
- Sponsor Address: 2273 RESEARCH BLVD, ROCKVILLE, MD, 20850
- Plan Type: 401(k)
- Total Participants: 102
- Total Assets: $15.9M
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 | 102 | $15.9M | $364,071 | $858,579 |
| 2023 | 107 | $14.8M | $357,448 | $807,023 |
| 2022 | 96 | $12.5M | $340,831 | $806,769 |
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 |
|---|---|---|---|---|
| COHNREZNICK LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $94,359 | $39,141 | $55,218 | — | — |
| 2023 | $73,630 | $29,445 | $44,185 | — | — |
| 2022 | $30,945 | $2,124 | $26,821 | — | $2,000 |