Plan Snapshot
- Plan Sponsor: Iconectiv, LLC
- Sponsor EIN: 222478398
- Sponsor Address: 100 SOMERSET CORPORATE BOULEVARD, BRIDGEWATER, NJ, 08807
- Plan Type: DC
- Total Participants: 408
- Total Assets: $239.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 408 | $239.2M | $4.1M | $7.5M |
| 2023 | 399 | $226.5M | $4.2M | $7.7M |
| 2022 | 395 | $197.7M | $4.1M | $7.3M |
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 |
|---|---|---|---|---|
| VANGUARD ADVISERS INC. | NONE | $49,199 | — | $49,199 |
| THE VANGUARD GROUP, INC. | NONE | $29,719 | — | $29,719 |
| EISNERAMPER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD ADVISERS INC. — NONE
- THE VANGUARD GROUP, INC. — NONE
- EISNERAMPER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,918
- Estimated Expense Ratio: 0.033% 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 | $78,183 | — | — | — | — |
| 2023 | $65,060 | — | — | — | — |
| 2022 | $63,666 | — | — | — | — |