Plan Snapshot
- Plan Sponsor: Komline-Sanderson
- Sponsor EIN: 221442955
- Sponsor Address: 12 HOLLAND AVENUE P.O. BOX 257, PEAPACK, NJ, 07977
- Plan Type: 401(k)
- Total Participants: 444
- Total Assets: $44.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 444 | $44.0M | $775,683 | $2.7M |
| 2023 | 380 | $45.1M | $947,704 | $2.4M |
| 2022 | 384 | $39.4M | $609,765 | $2.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $74,182 | — | $74,182 |
| BROWN ADVISORY MANAGEMENT LLC DBA B | INVESTMENT ADVISOR | $50,000 | — | $50,000 |
| CLIFTONLARSONALLEN LLP | AUDITOR | $18,900 | — | $18,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $143,082
- Estimated Expense Ratio: 0.326% 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 | $173,872 | $50,236 | $17,714 | $18,900 | — |
| 2023 | $145,088 | $50,000 | $74,725 | $17,850 | — |
| 2022 | $47,523 | $12,500 | $19,936 | — | $14,237 |