Plan Snapshot
- Plan Sponsor: Dlb Associates Consulting Engineers, PC
- Sponsor EIN: 223253849
- Sponsor Address: 3600 ROUTE 66 SUITE 150, NEPTUNE, NJ, 07753
- Plan Type: 401(k)
- Total Participants: 324
- Total Assets: $61.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 324 | $61.1M | $1.1M | $3.3M |
| 2023 | 269 | $51.0M | $893,520 | $2.7M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $95,147 | — | $95,147 |
| NEWPORT CAPITAL GROUP | INVESTMENT ADVISORY | — | $39,000 | $39,000 |
| CITRIN COOPERMAN & COMPANY, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $134,147
- Estimated Expense Ratio: 0.219% 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 | $95,168 | — | $95,168 | — | — |
| 2023 | $89,250 | — | $89,250 | — | — |