Plan Snapshot
- Plan Sponsor: Coaction Specialty Management Company
- Sponsor EIN: 132511244
- Sponsor Address: 412 MT KEMBLE AVENUE, MORRISTOWN, NJ, 07960
- Plan Type: 401(k)
- Total Participants: 421
- Total Assets: $69.0M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 421 | $69.0M | $3.3M | $4.9M |
| 2023 | 392 | $55.3M | $2.4M | $4.3M |
| 2022 | 366 | $47.8M | $2.5M | $3.6M |
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 |
|---|---|---|---|---|
| WITHUM SMITH & BROWN | Auditor | $15,860 | — | $15,860 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM SMITH & BROWN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,860
- Estimated Expense Ratio: 0.023% 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 | $37,165 | $36,800 | — | $15,860 | — |
| 2023 | $40,021 | $36,800 | — | $18,720 | — |
| 2022 | $23,025 | — | — | — | — |