Plan Snapshot
- Plan Sponsor: Network Adjusters, Incorporated
- Sponsor EIN: 112999619
- Sponsor Address: 850 FULTON STREET, FARMINGDALE, NY, 11735
- Plan Type: 401(k)
- Total Participants: 166
- Total Assets: $17.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 166 | $17.7M | $553,666 | $1.1M |
| 2023 | 166 | $15.7M | $487,388 | $1.0M |
| 2022 | 129 | $13.0M | $443,464 | $885,185 |
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 |
|---|---|---|---|---|
| WITHUM SMITH & BROWN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM SMITH & BROWN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $61,505 | — | $61,505 | — | — |
| 2023 | $49,401 | — | $49,401 | — | — |
| 2022 | $47,562 | — | $47,562 | — | — |