Plan Snapshot
- Plan Sponsor: North American Filtration Holdin
- Sponsor EIN: 874393736
- Sponsor Address: 25 ARROW ROAD, RAMSEY, NJ, 074461204
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 170
- Total Assets: $13.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 170 | $13.8M | $0 | $0 |
| 2024 | 150 | $11.7M | $68,241 | $654,429 |
| 2023 | 143 | $10.6M | $63,391 | $654,575 |
| 2022 | 105 | $9.8M | $64,899 | $527,719 |
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 |
|---|---|---|---|---|
| BLACKRIDGE ASSET MANAGEMENT LLC | Investment Advisor | $30,719 | — | $30,719 |
| ADP, INC. | Recordkeeper | $27,338 | — | $27,338 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,057
- Estimated Expense Ratio: 0.420% 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 |
|---|---|---|---|---|---|
| 2025 | $388,895 | $30,739 | — | — | — |
| 2024 | $45,343 | $27,768 | — | — | — |
| 2023 | $31,544 | $20,780 | — | — | — |
| 2022 | $1,785 | — | $1,785 | — | — |