Plan Snapshot
- Plan Sponsor: Control Point Associates, INC.
- Sponsor EIN: 223174930
- Sponsor Address: 30 INDEPENDENCE BLVD, STE 100, WARREN, NJ, 070595172
- Plan Type: 401(k)
- Total Participants: 193
- Total Assets: $17.8M
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 | 193 | $17.8M | $389,752 | $1.2M |
| 2023 | 198 | $14.4M | $416,217 | $1.3M |
| 2022 | 212 | $10.7M | $396,721 | $1.2M |
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 |
|---|---|---|---|---|
| SAX, LLP | Auditor | $18,000 | — | $18,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAX, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,000
- Estimated Expense Ratio: 0.101% 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 | $84,467 | $37,732 | $300 | $18,000 | — |
| 2023 | $70,624 | $28,566 | — | $18,000 | — |
| 2022 | $48,603 | — | — | — | — |