Plan Snapshot
- Plan Sponsor: Educationdynamics
- Sponsor EIN: 352534005
- Sponsor Address: 111 RIVER STREET, HOBOKEN, NJ, 07030
- Plan Type: 401(k)
- Total Participants: 325
- Total Assets: $29.1M
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 | 325 | $29.1M | $67,829 | $1.5M |
| 2023 | 275 | $27.1M | $946,288 | $1.9M |
| 2022 | 359 | $21.4M | $934,141 | $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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $51,561 | — | $51,561 |
| HAUSER RETIREMENT SOLUTIONS 2 LLC | ADVISOR | $40,353 | — | $40,353 |
| CROWE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $91,914
- Estimated Expense Ratio: 0.316% 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 | $91,914 | $40,353 | — | — | — |
| 2023 | $90,226 | $40,000 | — | — | — |
| 2022 | $93,005 | — | — | — | — |