Plan Snapshot
- Plan Sponsor: Checkmarx INC
- Sponsor EIN: 463714840
- Sponsor Address: 140 E. RIDGEWOOD AVENUE, PARAMUS, NJ, 07652
- Plan Type: 401(k)
- Total Participants: 156
- Total Assets: $16.3M
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 | 156 | $16.3M | $279,748 | $2.1M |
| 2023 | 169 | $14.0M | $387,067 | $2.2M |
| 2022 | 186 | $10.2M | $412,064 | $2.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $45,183 | — | $45,183 |
| CETERA INVESTMENT ADVISORS LLC | INVESTMENT ADVISORY | — | $27,125 | $27,125 |
| CETERA ADVISORS LLC | INVESTMENT ADVISORY | — | $23,656 | $23,656 |
| HALLOWELL 401(K) ASSURANCE, LLC | AUDITOR | $12,000 | — | $12,000 |
| PLANNED RETIREMENT CONSULTANTS & AD | TPA | $4,324 | $6,751 | $11,075 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HALLOWELL 401(K) ASSURANCE, LLC — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,039
- Estimated Expense Ratio: 0.730% 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 | $64,310 | — | $52,310 | $12,000 | — |
| 2023 | $55,015 | — | $36,578 | $18,437 | — |
| 2022 | $39,900 | — | $28,400 | — | $11,500 |