Plan Snapshot
- Plan Sponsor: Mandelbaum Barrett, PC
- Sponsor EIN: 221981178
- Sponsor Address: 3 BECKER FARM ROAD, ROSELAND, NJ, 07068
- Plan Type: 401(k)
- Total Participants: 159
- Total Assets: $34.7M
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 | 159 | $34.7M | $783,406 | $1.9M |
| 2023 | 152 | $30.2M | $846,014 | $1.8M |
| 2022 | 129 | $24.0M | $861,187 | $1.5M |
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 |
|---|---|---|---|---|
| PARK AVENUE SECURITIES, LLC | INVESTMENT / FINANCIAL AD | $62,496 | — | $62,496 |
| MEISEL, TUTEUR & LEWIS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PARK AVENUE SECURITIES, LLC — INVESTMENT / FINANCIAL AD
- MEISEL, TUTEUR & LEWIS P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,496
- Estimated Expense Ratio: 0.180% 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 | $68,906 | — | — | — | — |
| 2023 | $56,800 | — | — | — | — |
| 2022 | $55,830 | — | — | — | — |