Plan Snapshot
- Plan Sponsor: C & L Auto Body, INC.
- Sponsor EIN: 223189099
- Sponsor Address: 38 DEFOREST AVE, EAST HANOVER, NJ, 07936
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 100
- Total Assets: $587,188
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 100 | $587,188 | $1.2M | $429,324 |
| 2023 | 84 | $384,004 | $879,141 | $404,045 |
| 2022 | 71 | $382,467 | $757,973 | $345,097 |
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 |
|---|---|---|---|---|
| BSI CORPORATE BENEFITS | Investment Advisor | $67,730 | — | $67,730 |
| THE BENECON GROUP LLC | Investment Advisor | $31,163 | — | $31,163 |
| HY HOLDING, INC BDA HEALTHIEST YOU | Other Service Provider | $6,319 | — | $6,319 |
| INNOVU | Investment Advisor | $5,177 | — | $5,177 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BSI CORPORATE BENEFITS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $110,389
- Estimated Expense Ratio: 18.800% 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 | $1,354,279 | — | — | — | — |
| 2023 | $1,387,643 | — | — | — | — |
| 2022 | $1,152,071 | — | — | — | — |