# Binsky & Snyder LLC 401(k) Plan
Source: https://planprovider.pro/companies/binsky-snyder-llc-401k-plan

> Binsky & Snyder LLC's 401(k) plan: 298 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Binsky & Snyder LLC

- **Sponsor EIN:** 221530421

- **Sponsor Address:** 281 CENTENNIAL AVENUE, PISCATAWAY, NJ, 08854

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

- **Total Participants:** 298

- **Total Assets:** $26.5M

## 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.|

| 2024|298|$26.5M|$475,004|$1.1M|

| 2023|398|$23.2M|$595,423|$1.2M|

| 2022|189|$20.8M|$549,866|$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|

| MAX BUSSEL AND COMPANY|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [MAX BUSSEL AND COMPANY](https://planprovider.pro/provider/max-bussel-and-company) — 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|$65,239|—|—|—|—|

| 2023|$54,376|—|—|—|—|

| 2022|$21,796|$21,796|—|—|—|

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