Plan Snapshot
- Plan Sponsor: Nourison Industries, INC.
- Sponsor EIN: 112508344
- Sponsor Address: 5 SAMPSON STREET, SADDLE BROOK, NJ, 07663
- Plan Type: 401(k)
- Total Participants: 512
- Total Assets: $28.9M
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. |
|---|---|---|---|---|
| 2024 | 512 | $28.9M | $454,922 | $1.9M |
| 2023 | 502 | $25.4M | $437,131 | $1.7M |
| 2022 | 476 | $21.5M | $414,076 | $1.6M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $76,241 | — | $76,241 |
| CARON & BLETZER PLLC | NONE | $11,700 | — | $11,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- CARON & BLETZER PLLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $87,941
- Estimated Expense Ratio: 0.304% 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 |
|---|---|---|---|---|---|
| 2024 | $85,331 | — | — | — | — |
| 2023 | $68,844 | — | — | — | — |
| 2022 | $56,974 | — | — | — | — |