Plan Snapshot
- Plan Sponsor: American Spraytech
- Sponsor EIN: 311822592
- Sponsor Address: 205 MEISTER AVENUE, BRANCHBURG, NJ, 08876
- Plan Type: 401(k)
- Total Participants: 473
- Total Assets: $8.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 473 | $8.3M | $427,712 | $1.3M |
| 2023 | 319 | $6.1M | $309,733 | $993,553 |
| 2022 | 254 | $4.3M | $269,922 | $776,379 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $12,251 | — | $12,251 |
| WILKIN & GUTTENPLAN P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- WILKIN & GUTTENPLAN P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,251
- Estimated Expense Ratio: 0.147% 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 | $12,252 | — | — | — | — |
| 2023 | $6,171 | — | — | — | — |
| 2022 | $7,768 | — | — | — | — |