Plan Snapshot
- Plan Sponsor: Artech, LLC
- Sponsor EIN: 223338103
- Sponsor Address: 360 MT. KEMBLE AVENUE SUITE 2000, MORRISTOWN, NJ, 07960
- Plan Type: 401(k)
- Total Participants: 3,164
- Total Assets: $71.2M
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 | 3,164 | $71.2M | $0 | $12.8M |
| 2023 | 2,961 | $63.3M | $0 | $12.3M |
| 2022 | 3,454 | $55.5M | $0 | $14.1M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | RETAINED BY EMPLOYER | $192,366 | — | $192,366 |
| KNAV CPA LLP | ACCOUNTING/AUDIT | $30,000 | — | $30,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RETAINED BY EMPLOYER
- KNAV CPA LLP — ACCOUNTING/AUDIT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $222,366
- Estimated Expense Ratio: 0.312% 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 | $222,501 | — | $192,501 | $30,000 | — |
| 2023 | $140,938 | $7,382 | $133,556 | — | — |
| 2022 | $262,351 | — | $262,351 | — | — |