Plan Snapshot
- Plan Sponsor: Norris Mclaughlin, P.A.
- Sponsor EIN: 621408127
- Sponsor Address: 400 CROSSING BLVD.,8TH FLOOR, BRIDGEWATER, NJ, 08807
- Plan Type: DC
- Total Participants: 175
- Total Assets: $75.6M
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 | 175 | $75.6M | $714,616 | $2.0M |
| 2023 | 166 | $67.4M | $602,237 | $2.0M |
| 2022 | 162 | $65.5M | $620,252 | $1.7M |
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 |
|---|---|---|---|---|
| COHN REZNICK | 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 | $83,306 | $54,000 | — | — | — |
| 2023 | $79,902 | $54,000 | — | — | — |
| 2022 | $88,555 | $71,098 | $16,608 | — | — |