Plan Snapshot
- Plan Sponsor: A.J. Jersey, INC.
- Sponsor EIN: 221905554
- Sponsor Address: 125 ST. NICHOLAS AVENUE, SOUTH PLAINFIELD, NJ, 07080
- Plan Type: 401(k)
- Total Participants: 171
- Total Assets: $18.6M
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 | 171 | $18.6M | $308,222 | $788,108 |
| 2023 | 177 | $19.2M | $307,929 | $727,269 |
| 2022 | 171 | $17.2M | $291,257 | $707,699 |
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 |
|---|---|---|---|---|
| LINCOLN RETIREMENT SAVINGS | Other Service Provider | $101,655 | — | $101,655 |
| BEDERSON ACCOUNTS & ADVISORS, LLP | Other Service Provider | $13,500 | — | $13,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN RETIREMENT SAVINGS — Other Service Provider
- BEDERSON ACCOUNTS & ADVISORS, LLP — Other Service Provider
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $115,155
- Estimated Expense Ratio: 0.620% 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 | $104,505 | — | $104,505 | — | — |
| 2023 | $105,365 | — | $105,365 | — | — |
| 2022 | $110,354 | — | $110,354 | — | — |