Plan Snapshot
- Plan Sponsor: Durex INC.
- Sponsor EIN: 221426696
- Sponsor Address: 5 STAHUBER AVENUE,, UNION, NJ, 07083
- Plan Type: 401(k)
- Total Participants: 163
- Total Assets: $3.3M
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 | 163 | $3.3M | $55,168 | $168,667 |
| 2023 | 139 | $3.2M | $56,400 | $160,563 |
| 2022 | 123 | $2.7M | $34,710 | $143,956 |
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 |
|---|---|---|---|---|
| MEISEL TUTEUR & LEWIS PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $29,173 | $9,570 | — | — | — |
| 2023 | $21,958 | — | — | — | — |
| 2022 | $36,152 | $36,152 | — | — | — |