Plan Snapshot
- Plan Sponsor: J. Knipper And Company, INC.
- Sponsor EIN: 222755742
- Sponsor Address: 1 HEALTHCARE WAY, LAKEWOOD, NJ, 87015
- Plan Type: 401(k)
- Total Participants: 1,107
- Total Assets: $33.2M
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 | 1,107 | $33.2M | $315,760 | $3.5M |
| 2023 | 1,238 | $29.4M | $305,948 | $3.2M |
| 2022 | 850 | $23.0M | $303,556 | $3.2M |
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 |
|---|---|---|---|---|
| J KNIPPER & COMPANY INC | OTHER | $18,800 | — | $18,800 |
| JUMP PERRY AND COMPANY LLP | OTHER | $18,800 | — | $18,800 |
| JUMP, PERRY AND COMPANY, LLP | Auditor | $18,800 | — | $18,800 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $14,862 | — | $14,862 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,262
- Estimated Expense Ratio: 0.215% 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 | $53,679 | $1,217 | — | $18,800 | — |
| 2023 | $28,506 | — | $14,158 | $14,000 | — |
| 2022 | $29,826 | — | $11,268 | — | $18,000 |