Plan Snapshot
- Plan Sponsor: Arrow Fastener Co., LLC
- Sponsor EIN: 221818358
- Sponsor Address: 271 MAYHILL ST, SADDLE BROOK, NJ, 07663
- Plan Type: 401(k)
- Total Participants: 293
- Total Assets: $29.7M
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 | 293 | $29.7M | $844,684 | $1.8M |
| 2023 | 245 | $25.8M | $962,520 | $1.9M |
| 2022 | 427 | $21.7M | $1.6M | $2.1M |
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 |
|---|---|---|---|---|
| EQUITABLE ADVIOSRS, LLC | Investment Advisor | $55,855 | — | $55,855 |
| LINCOLN NATIONAL CORPORATION | Recordkeeper | $40,343 | — | $40,343 |
| COASTAL PENSION SERVICES | Recordkeeper | $6,938 | — | $6,938 |
| ADMINISTRATIVE FIDUCIARY | Investment Advisor | $6,388 | — | $6,388 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,524
- Estimated Expense Ratio: 0.368% 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 | $110,086 | $55,855 | $13,888 | — | — |
| 2023 | $91,946 | $11,337 | $39,275 | $5,000 | — |
| 2022 | $40,161 | — | $13,632 | — | $26,529 |