Plan Snapshot
- Plan Sponsor: Bett-A-Way Traffic Systems, INC.
- Sponsor EIN: 223201213
- Sponsor Address: 110 SYLVANIA PLACE, SOUTH PLAINFIELD, NJ, 07080
- Plan Type: 401(k)
- Total Participants: 186
- Total Assets: $14.7M
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 | 186 | $14.7M | $514,246 | $911,747 |
| 2023 | 208 | $12.7M | $485,877 | $849,406 |
| 2022 | 177 | $12.4M | $349,532 | $638,055 |
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 |
|---|---|---|---|---|
| NATIONWIDE | NONE | $31,297 | — | $31,297 |
| MORGAN STANLEY SMITH BARNEY LLC | NONE | — | $24,803 | $24,803 |
| MEEDER INVESTMENT MANAGEMENT | ADVISORY | $7,532 | — | $7,532 |
| NATIONWIDE | ADVISORY | — | $7,532 | $7,532 |
| MORGAN STANLEY SMITH BARNEY LLC | NONE | — | $7,350 | $7,350 |
| NISIVOCCIA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — NONE
- MORGAN STANLEY SMITH BARNEY LLC — NONE
- NATIONWIDE — ADVISORY
- NISIVOCCIA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,514
- Estimated Expense Ratio: 0.533% 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 | $35,438 | — | — | — | — |
| 2023 | $11,065 | — | — | — | — |
| 2022 | — | — | — | — | — |