Plan Snapshot
- Plan Sponsor: New Era Technology, INC.
- Sponsor EIN: 463078820
- Sponsor Address: 901 S. BOLMAR ST., WEST CHESTER, PA, 19382
- Plan Type: 401(k)
- Total Participants: 1,645
- Total Assets: $157.4M
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 | 1,645 | $157.4M | $1.9M | $12.4M |
| 2023 | 1,709 | $141.8M | $2.0M | $13.4M |
| 2022 | 2,132 | $112.4M | $1.6M | $10.6M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — 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 | $238,874 | $116,320 | $122,554 | — | — |
| 2023 | $269,543 | $117,224 | $128,919 | $23,400 | — |
| 2022 | $216,227 | $94,623 | $101,104 | — | $20,500 |