Plan Snapshot
- Plan Sponsor: Everest Clinical Research Corporation
- Sponsor EIN: 980548374
- Sponsor Address: 100 SOMERSET CORPORATE BOULEVARD, BRIDGEWATER, NJ, 08807
- Plan Type: 401(k)
- Total Participants: 186
- Total Assets: $15.7M
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 | 186 | $15.7M | $576,525 | $2.3M |
| 2023 | 132 | $11.6M | $368,848 | $1.5M |
| 2022 | 105 | $8.1M | $313,462 | $1.3M |
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 |
|---|---|---|---|---|
| WELLS FARGO ADVISORS FIN NETWORK LL | INVESTMENT ADVISOR | $52,461 | — | $52,461 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $12,567 | — | $12,567 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $9,268 | — | $9,268 |
| TORRILLO & ASSOCIATES, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TORRILLO & ASSOCIATES, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,296
- Estimated Expense Ratio: 0.474% 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 | $74,296 | $65,028 | — | — | — |
| 2023 | $52,772 | $46,110 | — | — | — |
| 2022 | $41,871 | $39,477 | $2,394 | — | — |