Plan Snapshot
- Plan Sponsor: Ih Engineers, PC
- Sponsor EIN: 200006070
- Sponsor Address: 103 COLLEGE ROAD EAST, PRINCETON, NJ, 08540
- Plan Type: 401(k)
- Total Participants: 91
- Total Assets: $17.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 91 | $17.7M | $345,491 | $1.0M |
| 2023 | 71 | $16.1M | $306,276 | $911,402 |
| 2022 | 65 | $13.9M | $274,706 | $755,848 |
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 |
|---|---|---|---|---|
| CBIZ CPAS PC | Auditor | $20,800 | — | $20,800 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,800
- Estimated Expense Ratio: 0.117% 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 | $67,342 | — | — | $20,800 | — |
| 2023 | $60,396 | — | — | $17,680 | — |
| 2022 | $44,687 | — | — | — | — |