Plan Snapshot
- Plan Sponsor: Forman Mills
- Sponsor EIN: 232399150
- Sponsor Address: 1070 THOMAS BUSCH MEMORIAL HWY., PENNSAUKEN, NJ, 08110
- Plan Type: 401(k)
- Total Participants: 2,163
- Total Assets: $8.1M
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 | 2,163 | $8.1M | $84,403 | $567,405 |
| 2023 | 2,205 | $6.9M | $413,352 | $739,735 |
| 2022 | 1,433 | $6.2M | $412,282 | $711,218 |
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 |
|---|---|---|---|---|
| GELTRUDE & COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GELTRUDE & COMPANY, LLC — Auditor
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 | $23,046 | $18,546 | — | — | — |
| 2023 | $23,781 | $18,331 | — | — | — |
| 2022 | $22,960 | $1,739 | — | — | — |