Plan Snapshot
- Plan Sponsor: Aldercrest Development Corp.
- Sponsor EIN: 221773842
- Sponsor Address: 1655 ROUTE 9, OLD BRIDGE, NJ, 08857
- Plan Type: 401(k)
- Total Participants: 275
- Total Assets: $7.4M
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 | 275 | $7.4M | $429,761 | $730,905 |
| 2023 | 289 | $6.0M | $414,524 | $772,223 |
| 2022 | 282 | $4.3M | $420,874 | $751,549 |
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 |
|---|---|---|---|---|
| JP MORGAN SECURITIES LLC | ADVISOR | $21,946 | — | $21,946 |
| WISS & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JP MORGAN SECURITIES LLC — ADVISOR
- WISS & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,946
- Estimated Expense Ratio: 0.299% 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 | $25,013 | $23,263 | — | — | — |
| 2023 | $10,583 | $4,563 | — | — | — |
| 2022 | $10,210 | — | $10,210 | — | — |