Plan Snapshot
- Plan Sponsor: Ema Design Automation INC
- Sponsor EIN: 161474215
- Sponsor Address: PO BOX 23325, ROCHESTER, NY, 146923325
- Plan Type: 401(k)
- Total Participants: 84
- Total Assets: $11.6M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 84 | $11.6M | $0 | $810,504 |
| 2023 | 90 | $9.8M | $0 | $682,588 |
| 2022 | 83 | $7.3M | $0 | $609,912 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | RECORDKEEPER | $11,145 | — | $11,145 |
| WELLTH ADVISORY SERVICES, LLC | ADVISOR | $9,803 | — | $9,803 |
| GLOBAL RETIREMENT PARTNERS | ADVISOR | $7,517 | — | $7,517 |
| FLAHERY SALMIN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — RECORDKEEPER
- GLOBAL RETIREMENT PARTNERS — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,465
- Estimated Expense Ratio: 0.246% 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 | $30,873 | $18,868 | $11,145 | — | — |
| 2023 | $25,968 | $16,204 | $9,334 | — | — |
| 2022 | $24,695 | $16,259 | $8,436 | — | — |