Plan Snapshot
- Plan Sponsor: Zantech It Services, INC.
- Sponsor EIN: 261586127
- Sponsor Address: 8300 BOONE BLVD, SUITE 300, TYSONS CORNER, VA, 22182
- Plan Type: 401(k)
- Total Participants: 75
- Total Assets: $6.9M
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 | 75 | $6.9M | $197,441 | $596,258 |
| 2023 | 68 | $5.9M | $167,420 | $477,695 |
| 2022 | 69 | $5.1M | $174,156 | $495,631 |
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 |
|---|---|---|---|---|
| CST GROUP, CPAS PC | Auditor | $12,000 | — | $12,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,000
- Estimated Expense Ratio: 0.173% 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 | $644,696 | — | $67,829 | — | — |
| 2023 | $59,082 | $25,877 | — | $12,000 | — |
| 2022 | $61,051 | — | — | — | — |