Plan Snapshot
- Plan Sponsor: Equity Settlement Services INC
- Sponsor EIN: 113429460
- Sponsor Address: 444 ROUTE 111, SMITHTOWN, NY, 11787
- Plan Type: 401(k)
- Total Participants: 178
- Total Assets: $8.2M
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 | 178 | $8.2M | $0 | $595,856 |
| 2023 | 175 | $7.1M | $0 | $544,440 |
| 2022 | 164 | $6.7M | $0 | $662,789 |
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 |
|---|---|---|---|---|
| BMKR LLP | Auditor | — | — | $0 |
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 | $2,417 | — | — | — | — |
| 2023 | $2,304 | — | — | — | — |
| 2022 | $5,610 | — | — | — | — |