Plan Snapshot
- Plan Sponsor: Consarc Corporation
- Sponsor EIN: 210736170
- Sponsor Address: 100 INDEL AVENUE, RANCOCAS, NJ, 08073
- Plan Type: 401(k)
- Total Participants: 107
- Total Assets: $35.2M
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 | 107 | $35.2M | $1.3M | $493,964 |
| 2023 | 98 | $31.9M | $1.1M | $375,320 |
| 2022 | 86 | $28.0M | $1.1M | $383,680 |
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 |
|---|---|---|---|---|
| JANNEY MONTGOMERY SCOTT LLC | INVESTMENT ADVISOR | $56,852 | — | $56,852 |
| MCCLAIN SMITH & WENZ PC | AUDITOR | $13,000 | — | $13,000 |
| MCCLAIN, SMITHAND WEN, PC | Auditor | $13,000 | — | $13,000 |
| LPL FINANCIAL | INVESTMENT ADVISOR | $11,294 | — | $11,294 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $8,639 | — | $8,639 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JANNEY MONTGOMERY SCOTT LLC — INVESTMENT ADVISOR
- MCCLAIN, SMITHAND WEN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $102,785
- Estimated Expense Ratio: 0.292% 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 | $91,939 | $70,300 | — | $13,000 | — |
| 2023 | $62,408 | $50,408 | — | $12,000 | — |
| 2022 | $169,621 | $142,610 | $15,511 | — | $11,500 |