Plan Snapshot
- Plan Sponsor: Veracity Engineering, LLC
- Sponsor EIN: 522328539
- Sponsor Address: 955 LENFANT PLAZA SW,, WASHINGTON, DC, 20024
- Plan Type: 401(k)
- Total Participants: 110
- Total Assets: $11.7M
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 | 110 | $11.7M | $379,514 | $1.1M |
| 2023 | 109 | $9.6M | $372,769 | $932,974 |
| 2022 | 109 | $8.3M | $340,026 | $838,676 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS LLP — Auditor
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 | $46,945 | $26,149 | — | — | — |
| 2023 | $42,036 | $21,042 | — | — | — |
| 2022 | $51,724 | — | — | — | — |