Plan Snapshot
- Plan Sponsor: Multi-Skilled Employees And Employe Rs Apprenticeship And Training Fun
- Sponsor EIN: 226464524
- Sponsor Address: 2025 LINCOLN HWY STE 130, EDISON, NJ, 088173350
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 287
- Total Assets: $1.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- 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 | 287 | $1.2M | $53,159 | $0 |
| 2023 | 181 | $1.3M | $123,477 | $0 |
| 2022 | 186 | $1.3M | $128,649 | $0 |
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 |
|---|---|---|---|---|
| PKF O'CONNOR DAVIES | Auditor | $45,390 | — | $45,390 |
| WITHUMSMITH&BROWN, PC | Auditor | $32,828 | — | $32,828 |
| C&H AGENCY INC. | Other Service Provider | $10,195 | — | $10,195 |
| DAVID TYKULSKER & ASSOCIATES | Other Service Provider | $8,180 | — | $8,180 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PKF O'CONNOR DAVIES — Auditor
- WITHUMSMITH&BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $96,593
- Estimated Expense Ratio: 8.154% 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 | $191,044 | — | $45,390 | $32,828 | — |
| 2023 | $180,292 | — | $38,319 | $21,112 | — |
| 2022 | $194,371 | — | $28,776 | — | $65,539 |