Plan Snapshot
- Plan Sponsor: Cultech, INC.
- Sponsor EIN: 223076074
- Sponsor Address: 3500 HADLEY ROAD, SOUTH PLAINFIELD, NJ, 07080
- Plan Type: 401(k)
- Total Participants: 480
- Total Assets: $24.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 480 | $24.3M | $903,469 | $1.8M |
| 2023 | 475 | $21.6M | $584,649 | $1.7M |
| 2022 | 383 | $17.2M | $524,276 | $1.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $56,221 | — | $56,221 |
| ONEDIGITAL INVESTMENT ADVISORS LLC | INVESTMENT ADVISOR | $50,623 | — | $50,623 |
| RESOURCES INVESTMENT ADVISORS, LLC | INVESTMENT MGMT | $46,080 | — | $46,080 |
| THE PARAGON ALLIANCE GROUP LLC | CONTRACT ADMIN | $12,269 | — | $12,269 |
| CULTECH INC | AUDITOR | $7,500 | — | $7,500 |
| WITHUM SMITH & BROWN P.C. | Auditor | $7,500 | — | $7,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS LLC — INVESTMENT ADVISOR
- WITHUM SMITH & BROWN P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $180,193
- Estimated Expense Ratio: 0.743% 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 | $172,296 | $96,702 | $11,873 | $7,500 | — |
| 2023 | $135,875 | — | $135,875 | — | — |
| 2022 | $125,120 | $72,855 | $52,265 | — | — |