Plan Snapshot
- Plan Sponsor: Ncheng LLP Certified Public Ac
- Sponsor EIN: 810926770
- Sponsor Address: 40 WALL ST FL 32 STE 3222, NEW YORK, NY, 100051476
- Plan Type: 401(k)
- Total Participants: 77
- Total Assets: $8.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 77 | $8.7M | $404,086 | $722,779 |
| 2023 | 85 | $7.7M | $327,086 | $588,500 |
| 2022 | 88 | $6.1M | $316,368 | $566,347 |
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 |
|---|---|---|---|---|
| STEVEN PUCKETT | ADVISOR | $19,631 | — | $19,631 |
| PAYCHEX, INC. | RECORDKEEPER | $9,350 | — | $9,350 |
| TMI CPA, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STEVEN PUCKETT — ADVISOR
- PAYCHEX, INC. — RECORDKEEPER
- TMI CPA, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,981
- Estimated Expense Ratio: 0.333% 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 | $29,707 | $19,631 | $9,216 | — | — |
| 2023 | $22,077 | $15,745 | $5,472 | — | — |
| 2022 | $19,461 | $14,261 | $5,200 | — | — |