Plan Snapshot
- Plan Sponsor: L&T Technology Services
- Sponsor EIN: 462951591
- Sponsor Address: 2035 LINCOLN HWY STE 3002, EDISON, NJ, 088173351
- Plan Type: 401(k)
- Total Participants: 2,443
- Total Assets: $56.6M
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 | 2,443 | $56.6M | $3.0M | $9.3M |
| 2023 | 2,210 | $43.3M | $2.4M | $8.7M |
| 2022 | 2,700 | $30.3M | $1.3M | $8.0M |
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 |
|---|---|---|---|---|
| LEVELIZED COMPENSATION ADVISOR | INVESTMENT ADVISORY | $123,082 | — | $123,082 |
| PAYCHEX, INC. | RECORDKEEPER | $18,807 | — | $18,807 |
| ERISA FIDUCIARY SERVICES, INC | CONTACT ADMINISTRATOR | $10,845 | — | $10,845 |
| KNAV CPA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — RECORDKEEPER
- KNAV CPA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $152,734
- Estimated Expense Ratio: 0.270% 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 | $153,594 | $123,082 | $10,845 | — | — |
| 2023 | $138,435 | $87,074 | $18,065 | — | — |
| 2022 | $110,196 | $71,924 | $38,272 | — | — |