Plan Snapshot
- Plan Sponsor: Becht Engineering Co., INC.
- Sponsor EIN: 221858439
- Sponsor Address: 22 CHURCH STREET, P.O. BOX 300, LIBERTY CORNER, NJ, 07938
- Plan Type: 401(k)
- Total Participants: 184
- Total Assets: $29.4M
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 | 184 | $29.4M | $1.6M | $2.6M |
| 2023 | 152 | $22.7M | $875,869 | $1.9M |
| 2022 | 129 | $16.6M | $719,786 | $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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES, INC. | Investment Advisor | $61,512 | — | $61,512 |
| ADP, INC. | Recordkeeper | $24,118 | — | $24,118 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES, INC. — Investment Advisor
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,630
- Estimated Expense Ratio: 0.291% 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 | $147,144 | $144,509 | — | — | — |
| 2023 | $105,938 | $89,771 | — | — | — |
| 2022 | $26,800 | — | — | — | — |