Plan Snapshot
- Plan Sponsor: Ladacin Network, INC.
- Sponsor EIN: 210674715
- Sponsor Address: 1703 KNEELEY BLVD., WANAMASSA, NJ, 07712
- Plan Type: 403(b)
- Total Participants: 503
- Total Assets: $6.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 503 | $6.2M | $0 | $485,358 |
| 2023 | 474 | $5.2M | $3,201 | $415,694 |
| 2022 | 485 | $4.7M | $1,968 | $376,846 |
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 | Recordkeeper | $34,278 | — | $34,278 |
| RBC CAPITAL MARKETS LLC | Investment Advisor | $14,115 | — | $14,115 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC CAPITAL MARKETS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,393
- Estimated Expense Ratio: 0.778% 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 | $49,825 | $49,825 | — | — | — |
| 2023 | $27,984 | $27,984 | — | — | — |
| 2022 | $32,701 | $31,841 | $860 | — | — |