Plan Snapshot
- Plan Sponsor: Equisoft INC
- Sponsor EIN: 980607844
- Sponsor Address: ONE COMMERCE SQUARE, PHILADELPHIA, PA, 19103
- Plan Type: 401(k)
- Total Participants: 134
- Total Assets: $16.1M
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 | 134 | $16.1M | $475,205 | $1.7M |
| 2023 | 147 | $12.8M | $482,002 | $1.8M |
| 2022 | 136 | $9.0M | $425,990 | $1.6M |
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 | $39,874 | — | $39,874 |
| THE MANDMARBLESTONE GROUP LLC | Other Service Provider | $3,125 | $10,414 | $13,539 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $10,899 | — | $10,899 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,312
- Estimated Expense Ratio: 0.399% 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 | $54,299 | — | $52,199 | — | — |
| 2023 | $38,983 | — | $38,983 | — | — |
| 2022 | $31,146 | — | $31,146 | — | — |