Plan Snapshot
- Plan Sponsor: I.D. Systems, INC.
- Sponsor EIN: 223270799
- Sponsor Address: 123 TICE BOULEVARD, WOODCLIFF LAKE, NJ, 07677
- Plan Type: 401(k)
- Total Participants: 144
- Total Assets: $18.1M
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 | 144 | $18.1M | $370,689 | $1.2M |
| 2023 | 115 | $14.9M | $381,405 | $1.2M |
| 2022 | 123 | $12.3M | $274,329 | $1.1M |
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 |
|---|---|---|---|---|
| CROWE, LLP | 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 | $62,213 | $38,745 | — | — | — |
| 2023 | $53,975 | $31,757 | — | — | — |
| 2022 | $53,818 | — | — | — | — |