Plan Snapshot
- Plan Sponsor: Novak Francella LLC
- Sponsor EIN: 611436956
- Sponsor Address: 40 MONUMENT ROAD, BALA CYNWYD, PA, 19004
- Plan Type: 401(k)
- Total Participants: 141
- Total Assets: $24.1M
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 | 141 | $24.1M | $290,449 | $857,663 |
| 2023 | 137 | $20.7M | $263,372 | $860,747 |
| 2022 | 131 | $17.3M | $258,085 | $792,468 |
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 |
|---|---|---|---|---|
| TORRILLO & ASSOCIATES, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TORRILLO & ASSOCIATES, LLC — 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 | $37,219 | $11,452 | — | — | — |
| 2023 | $71,164 | $9,517 | $12,544 | — | — |
| 2022 | $65,000 | $19,657 | $45,343 | — | — |