Plan Snapshot
- Plan Sponsor: Esystems, INC.
- Sponsor EIN: 223659534
- Sponsor Address: 4250 US ROUTE 1, SUITE 105, MONMOUTH JUNCTION, NJ, 08852
- Plan Type: 401(k)
- Total Participants: 114
- Total Assets: $7.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 114 | $7.5M | $215,253 | $839,805 |
| 2023 | 124 | $5.6M | $208,826 | $796,680 |
| 2022 | 105 | $4.3M | $172,559 | $670,741 |
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 |
|---|---|---|---|---|
| WALTERS & ASSOCIATES, CPAS | 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 | $1,025 | — | $1,025 | — | — |
| 2023 | $825 | — | $825 | — | — |
| 2022 | $750 | — | $750 | — | — |