Plan Snapshot
- Plan Sponsor: Edison Properties, LLC
- Sponsor EIN: 223442322
- Sponsor Address: 110 EDISON PLACE SUITE 300, NEWARK, NJ, 07102
- Plan Type: 401(k)
- Total Participants: 310
- Total Assets: $58.3M
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 | 310 | $58.3M | $571,479 | $2.1M |
| 2023 | 308 | $54.8M | $565,216 | $1.9M |
| 2022 | 309 | $48.9M | $524,434 | $1.8M |
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 | $44,681 | — | $44,681 |
| BFSG LLC | OTHER | $25,000 | — | $25,000 |
| 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: $69,681
- Estimated Expense Ratio: 0.120% 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 | $69,681 | — | — | — | — |
| 2023 | $91,525 | $18,750 | $71,700 | — | — |
| 2022 | $106,832 | — | — | — | — |