Plan Snapshot
- Plan Sponsor: Advanced Data Systems Corporation
- Sponsor EIN: 223841212
- Sponsor Address: 15 PROSPECT STREET, PARAMUS, NJ, 07652
- Plan Type: 401(k)
- Total Participants: 86
- Total Assets: $14.3M
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 | 86 | $14.3M | $105,376 | $555,424 |
| 2023 | 91 | $12.3M | $102,906 | $556,929 |
| 2022 | 91 | $10.8M | $105,251 | $518,971 |
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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & CO | 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 | $282,839 | — | $48,684 | — | — |
| 2023 | $982,438 | — | $40,265 | — | — |
| 2022 | $43,930 | — | — | — | — |