Plan Snapshot
- Plan Sponsor: Flavor & Fragrance Specialties INC.
- Sponsor EIN: 222471177
- Sponsor Address: 3 INDUSTRIAL AVENUE, MAHWAH, NJ, 07430
- Plan Type: 401(k)
- Total Participants: 168
- Total Assets: $28.5M
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 | 168 | $28.5M | $729,832 | $1.1M |
| 2023 | 150 | $26.8M | $739,326 | $1.1M |
| 2022 | 159 | $23.4M | $690,367 | $1.0M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANY | RECORDKEEPER | $6,531 | — | $6,531 |
| TRAPHAGEN & TRAPHAGEN, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,531
- Estimated Expense Ratio: 0.023% 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 | $96,321 | — | $96,321 | — | — |
| 2023 | $88,268 | — | $88,268 | — | — |
| 2022 | $87,009 | — | $87,009 | — | — |