Plan Snapshot
- Plan Sponsor: Ltimindtree Ltd
- Sponsor EIN: 223524303
- Sponsor Address: 2035 LINCOLN HWY SUITE #3000, EDISON, NJ, 088173353
- Plan Type: 401(k)
- Total Participants: 6,335
- Total Assets: $207.1M
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 | 6,335 | $207.1M | $16.9M | $37.3M |
| 2023 | 3,998 | $72.6M | $9.8M | $22.2M |
| 2022 | 3,222 | $36.8M | $0 | $13.8M |
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 |
|---|---|---|---|---|
| VOYA INSTITUTIONAL PLAN SERVICES | RECORDKEEPER | $127,697 | — | $127,697 |
| KESTRA ADVISORY SERVICES | INVEST ADVISOR | $67,355 | — | $67,355 |
| WILLISTOWERSWATSON | INVEST ADVISOR | $39,042 | — | $39,042 |
| VOYA RETIREMENT ADVISORS, LLC | INVEST ADVISOR | $34,416 | — | $34,416 |
| MERRILL LYNCH PIERCE FENNER | INVESTMENT ADVISORY PLAN | $24,210 | — | $24,210 |
| PAYCHEX INC. | RECORDKEEPER | $12,210 | — | $12,210 |
| KNAV CPA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES — INVEST ADVISOR
- WILLISTOWERSWATSON — INVEST ADVISOR
- VOYA RETIREMENT ADVISORS, LLC — INVEST ADVISOR
- 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: $304,930
- Estimated Expense Ratio: 0.147% 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 | $593,584 | $165,022 | $17,282 | — | — |
| 2023 | $144,505 | $68,397 | — | — | — |
| 2022 | $113,644 | $57,249 | $56,395 | — | — |