Plan Snapshot
- Plan Sponsor: Advisors Mortgage Group
- Sponsor EIN: 223626426
- Sponsor Address: 1411 HIGHWAY 35, OCEAN, NJ, 07712
- Plan Type: 401(k)
- Total Participants: 254
- Total Assets: $13.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 254 | $13.1M | $265,412 | $1.0M |
| 2023 | 279 | $11.0M | $214,795 | $1.1M |
| 2022 | 318 | $8.3M | $193,123 | $1.3M |
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 |
|---|---|---|---|---|
| BLEAKLEY FINANCIAL GROUP LLC | SERVICE PROVIDER | — | $32,373 | $32,373 |
| NATIONAL PROFESSIONAL PLANNING GROU | SERVICE PROVIDER / THIRD PARTY ADMIN | $10,670 | $5,545 | $16,215 |
| JVA ACCOUNTANTS & ADVISORS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLEAKLEY FINANCIAL GROUP LLC — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,588
- Estimated Expense Ratio: 0.370% 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 | $18,220 | $10,670 | $7,050 | — | — |
| 2023 | $15,027 | — | $15,027 | — | — |
| 2022 | $13,551 | — | $13,551 | — | — |