Plan Snapshot
- Plan Sponsor: Fellowshiplife, INC.
- Sponsor EIN: 612015757
- Sponsor Address: 8000 FELLOWSHIP RD, BASKING RIDGE, NJ, 07920
- Plan Type: 401(k)
- Total Participants: 722
- Total Assets: $22.2M
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 | 722 | $22.2M | $876,380 | $1.9M |
| 2023 | 489 | $15.9M | $613,447 | $1.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $116,690 | — | $116,690 |
| OSAIC WEALTH INC. | Investment Advisor | — | $44,813 | $44,813 |
| ORENDA RETIREMENT LLC | Recordkeeper | $24,410 | $8,000 | $32,410 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSAIC WEALTH INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $193,913
- Estimated Expense Ratio: 0.873% 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 | $146,633 | — | $146,633 | — | — |
| 2023 | $96,274 | — | $96,274 | — | — |