Plan Snapshot
- Plan Sponsor: Edmunds Govtech, INC
- Sponsor EIN: 222403081
- Sponsor Address: 301 A TILTON ROAD, NORTHFIELD, NJ, 08225
- Plan Type: 401(k)
- Total Participants: 197
- Total Assets: $15.5M
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 | 197 | $15.5M | $403,293 | $1.4M |
| 2023 | 167 | $12.1M | $331,499 | $1.2M |
| 2022 | 162 | $9.1M | $272,383 | $940,079 |
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 |
|---|---|---|---|---|
| WELLS FARGO ADVISORS | NONE | $33,988 | — | $33,988 |
| ASCENSUS LLC | NONE | $21,140 | $1,120 | $22,260 |
| BAKER TILLY US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,248
- Estimated Expense Ratio: 0.363% 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 | $55,128 | $33,988 | $21,140 | — | — |
| 2023 | $45,222 | $24,905 | $20,317 | — | — |
| 2022 | $42,684 | $22,403 | $20,281 | — | — |