Plan Snapshot
- Plan Sponsor: Effective School Solutions, LLC
- Sponsor EIN: 452692108
- Sponsor Address: 430 MOUNTAIN AVE, SUITE 304, NEW PROVIDENCE, NJ, 07974
- Plan Type: 401(k)
- Total Participants: 551
- Total Assets: $9.3M
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 | 551 | $9.3M | $211,931 | $1.7M |
| 2023 | 524 | $7.4M | $220,267 | $1.6M |
| 2022 | 520 | $4.9M | $184,305 | $1.2M |
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 |
|---|---|---|---|---|
| BDG-CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDG-CPAS — Auditor
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 | $55,724 | — | $55,724 | — | — |
| 2023 | $54,816 | — | $54,816 | — | — |
| 2022 | $36,434 | — | $36,434 | — | — |