Plan Snapshot
- Plan Sponsor: Augustine Consulting, INC.
- Sponsor EIN: 260527923
- Sponsor Address: 1800 EAST STATE ST., 156B, HAMILTON, NJ, 08609
- Plan Type: 401(k)
- Total Participants: 168
- Total Assets: $18.4M
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 | 168 | $18.4M | $617,998 | $1.5M |
| 2023 | 151 | $15.8M | $613,633 | $1.5M |
| 2022 | 153 | $11.9M | $554,933 | $1.3M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $37,163 | — | $37,163 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $35,479 | — | $35,479 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $21,200 | — | $21,200 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,842
- Estimated Expense Ratio: 0.510% 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 | $93,842 | $72,642 | — | — | — |
| 2023 | $72,489 | $55,720 | — | — | — |
| 2022 | $68,001 | $52,770 | $15,231 | — | — |