# Best Companies 401(k) Plan
Source: https://planprovider.pro/companies/best-companies-401k-plan

> Best Companies&#39;s 401(k) plan: 120 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Best Companies

- **Sponsor EIN:** 432056020

- **Sponsor Address:** 809 STATE ST., SCHENECTADY, NY, 12307

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

- **Total Participants:** 120

- **Total Assets:** $1.5M

## 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|120|$1.5M|$91,246|$148,616|

| 2023|125|$1.8M|$80,844|$130,480|

| 2022|76|$1.5M|$57,459|$108,159|

## 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|

| ALEXANDER & WILLIAMS LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [ALEXANDER & WILLIAMS LLC](https://planprovider.pro/provider/alexander-and-williams-llc) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $0

### 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|$13,712|—|—|—|—|

| 2023|—|—|—|—|—|

| 2022|$7,526|—|—|—|—|

## Similar Plans

- [Stann Corp.](https://planprovider.pro/companies/stann-corp-401k-plan) — 9 participants

- [Presky INC.](https://planprovider.pro/companies/presky-inc-plan) — 3 participants

- [Kne Services INC.](https://planprovider.pro/companies/kne-services-inc-401k-plan) — 2 participants

- [Kma Innovations Corp.](https://planprovider.pro/companies/kma-innovations-corp-401k-plan) — 1 participants

- [Unitex Textile Services LLC](https://planprovider.pro/companies/unitex-textile-services-llc-401k-plan) — 303 participants

- [Century Linen & Uniform, INC.](https://planprovider.pro/companies/century-linen-uniform-inc-401k-plan-001) — 371 participants

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

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