Plan Snapshot
- Plan Sponsor: 3i Infotech, INC.
- Sponsor EIN: 223703452
- Sponsor Address: 110 FIELDCREST AVE, EDISON, NJ, 08837
- Plan Type: 401(k)
- Total Participants: 150
- Total Assets: $8.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 150 | $8.2M | $115,621 | $422,997 |
| 2023 | 172 | $8.4M | $136,014 | $558,316 |
| 2022 | 195 | $7.5M | $230,455 | $852,425 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $55,006 | — | $55,006 |
| MORGAN STANLEY | OTHER SERVICES | — | $10,045 | $10,045 |
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — OTHER SERVICES
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,051
- Estimated Expense Ratio: 0.797% 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 | $55,006 | — | $55,006 | — | — |
| 2023 | $54,618 | — | $54,618 | — | — |
| 2022 | $52,283 | — | $52,283 | — | — |