Plan Snapshot
- Plan Sponsor: National Employee Management Resources, LLC
- Sponsor EIN: 223642079
- Sponsor Address: 4A EVES DR, SUITE 108, MARLTON, NJ, 08053
- Plan Type: 401(k)
- Total Participants: 537
- Total Assets: $19.7M
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 | 537 | $19.7M | $599,152 | $1.7M |
| 2023 | 465 | $19.2M | $551,866 | $1.5M |
| 2022 | 575 | $16.2M | $493,247 | $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 |
|---|---|---|---|---|
| HFM INVESTMENT ADVISORS LLC | Investment Advisor | $65,758 | — | $65,758 |
| EMPOWER ANNUITY INS CO OF AMERICA | Recordkeeper | $61,192 | — | $61,192 |
| ASCENSUS HOLDINGS INC | Other Service Provider | $39,379 | $10,000 | $49,379 |
| BARATZ & ASSOCIATES | Other Service Provider | $14,999 | — | $14,999 |
| EMPOWER ADVISORY GROUP | Investment Advisor | $9,673 | — | $9,673 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $201,001
- Estimated Expense Ratio: 1.023% 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 | $171,238 | — | $171,238 | — | — |
| 2023 | $145,539 | — | $145,539 | — | — |
| 2022 | $141,189 | — | $141,189 | — | — |