Plan Snapshot
- Plan Sponsor: Bamberger Polymers, INC.
- Sponsor EIN: 113143366
- Sponsor Address: 2 JERICHO PLAZA, JERICHO, NY, 11753
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $1.0M | $1.2M |
| 2022 | 109 | $39.5M | $892,198 | $1.1M |
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 |
|---|---|---|---|---|
| PRINCIPAL IFE INSURANCE COMPANY | Recordkeeper | $72,854 | — | $72,854 |
| EQUITABLE ADVISORS LLC | Other Service Provider | — | $42,192 | $42,192 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Other Service Provider | $664 | $6,298 | $6,962 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $122,008
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 |
|---|---|---|---|---|---|
| 2023 | $79,643 | $24,985 | $37,687 | — | — |
| 2022 | $74,039 | $396 | $73,274 | — | $369 |