Plan Snapshot
- Plan Sponsor: Jesco, INC.
- Sponsor EIN: 221979549
- Sponsor Address: 1260 CENTENNIAL AVENUE, PISCATAWAY, NJ, 08854
- Plan Type: 401(k)
- Total Participants: 202
- Total Assets: $20.8M
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 | 202 | $20.8M | $184,650 | $1.6M |
| 2023 | 216 | $18.8M | $175,721 | $1.4M |
| 2022 | 208 | $17.8M | $173,752 | $1.3M |
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 |
|---|---|---|---|---|
| CFS INVESTMENT ADVISORY SERVICES | Investment Advisor | $53,429 | — | $53,429 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $49,861 | — | $49,861 |
| PRIME PENSIONS, INC. | Recordkeeper | — | $10,000 | $10,000 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $8,458 | — | $8,458 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $121,748
- Estimated Expense Ratio: 0.585% 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 | $108,192 | $108,192 | — | — | — |
| 2023 | $114,666 | $114,666 | — | — | — |
| 2022 | $114,890 | $114,890 | — | — | — |