Plan Snapshot
- Plan Sponsor: Citiustech, INC.
- Sponsor EIN: 203361916
- Sponsor Address: 2 RESEARCH WAY, 2ND FLOOR, PRINCETON, NJ, 08540
- Plan Type: DC
- Total Participants: 887
- Total Assets: $17.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 887 | $17.4M | $142,203 | $2.4M |
| 2023 | 903 | $15.2M | $8,694 | $2.0M |
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 |
|---|---|---|---|---|
| RAYMOND JAMES & ASSOCIATES | RIA | $56,866 | — | $56,866 |
| DUNBAR BENDER & ZAPF | THIRD PARTY ADMIN. | $16,031 | — | $16,031 |
| GOFF BACKA ALFERA & COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES & ASSOCIATES — RIA
- DUNBAR BENDER & ZAPF — THIRD PARTY ADMIN.
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,897
- Estimated Expense Ratio: 0.418% 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 | $136,075 | $56,866 | $63,178 | — | — |
| 2023 | $117,489 | — | $11,200 | — | — |