# Audiology Benefits Services, LLC 401(k) Plan
Source: https://planprovider.pro/companies/audiology-benefit-services-llc-401k-plan

> Audiology Benefits Services, LLC&#39;s 401(k) plan: 0 participants, plan year 2023 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2023.

## Plan Snapshot

- **Plan Sponsor:** Audiology Benefits Services, LLC

- **Sponsor EIN:** 222580521

- **Sponsor Address:** 580 HOWARD AVENUE, SOMERSET, NJ, 08873

- **Plan Type:** 401(k)

- **Total Participants:** 0

- **Total Assets:** $0

## 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|0|$0|$570,843|$2.0M|

| 2023|330|$18.8M|$515,511|$1.8M|

| 2022|258|$17.7M|$475,756|$1.5M|

## 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|

| WELLS FARGO ADVISORS|INVESTMENT ADVISORY|$80,000|—|$80,000|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$76,768|—|$76,768|

| COHNREZNICK LLP|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $156,768

### 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|$72,653|$29,996|$42,657|—|—|

| 2023|$76,824|$38,416|$38,408|—|—|

| 2022|$60,945|$39,994|$20,951|—|—|

## Similar Plans

- [Sigma International Group](https://planprovider.pro/companies/sigma-international-group-401k-plan) — 367 participants

- [Hanwha Vision America, INC.](https://planprovider.pro/companies/hanwha-techwin-america-inc-401k-plan) — 375 participants

- [National Keystone Products Co, INC](https://planprovider.pro/companies/national-keystone-products-co-inc-401k-plan) — 483 participants

- [Nourison Industries, INC.](https://planprovider.pro/companies/nourison-industries-inc-401k-plan) — 512 participants

- [Groupe Seb](https://planprovider.pro/companies/groupe-seb-401k-plan) — 583 participants

- [Brother International Corporation](https://planprovider.pro/companies/brother-international-corporation-401k-plan) — 867 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/audiology-benefit-services-llc-401k-plan)

&copy; 2026 PlanProvider.Pro
