Plan Snapshot
- Plan Sponsor: Mccarter & English, LLP
- Sponsor EIN: 221534652
- Sponsor Address: FOUR GATEWAY CENTER, NEWARK, NJ, 07102
- Plan Type: 401(k)
- Total Participants: 801
- Total Assets: $487.8M
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 | 801 | $487.8M | $7.3M | $10.9M |
| 2023 | 743 | $422.0M | $6.9M | $10.6M |
| 2022 | 707 | $346.8M | $6.2M | $9.5M |
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 |
|---|---|---|---|---|
| CAPTRUST | CONSULTANT | $50,304 | — | $50,304 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $37,688 | — | $37,688 |
| EISNERAMPER LLP | ACCOUNTANT/OTHER | $25,467 | — | $25,467 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CAPTRUST — CONSULTANT
- STRATEGIC ADVISORS, INC. — ADVISOR
- EISNERAMPER LLP — ACCOUNTANT/OTHER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $113,459
- Estimated Expense Ratio: 0.023% 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 | $272,578 | $37,688 | $600 | $25,467 | — |
| 2023 | $171,601 | $41,592 | — | $24,255 | — |
| 2022 | $109,844 | $37,618 | — | — | — |