Plan Snapshot
- Plan Sponsor: New Jersey Eye And Ear LLC
- Sponsor EIN: 814393962
- Sponsor Address: 1016 MAIN AVENUE, CLIFTON, NJ, 07011
- Plan Type: 401(k)
- Total Participants: 101
- Total Assets: $4.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 101 | $4.9M | $293,776 | $342,947 |
| 2023 | 88 | $4.0M | $226,825 | $272,113 |
| 2022 | 75 | $3.2M | $202,733 | $288,432 |
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 |
|---|---|---|---|---|
| HULSE & ASSOCIATES PC | Auditor | — | — | $0 |
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 | $47,910 | — | $47,910 | — | — |
| 2023 | $36,758 | $642 | $35,966 | — | — |
| 2022 | $32,186 | — | — | — | — |