Plan Snapshot
- Plan Sponsor: Oec Freight New York INC.
- Sponsor EIN: 113383302
- Sponsor Address: 133-33 BROOKVILLE BLVD, ROSEDALE, NY, 11422
- Plan Type: 401(k)
- Total Participants: 323
- Total Assets: $26.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 323 | $26.9M | $568,063 | $2.3M |
| 2023 | 348 | $21.5M | $649,534 | $2.3M |
| 2022 | 397 | $16.6M | $677,815 | $2.0M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | — | $80,123 | $80,123 |
| ADP, INC. | RECORD KEEPER | $43,932 | — | $43,932 |
| WEIWEI CO. LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- WEIWEI CO. LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $124,055
- Estimated Expense Ratio: 0.461% 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 | $43,932 | — | — | — | — |
| 2023 | $52,578 | — | — | — | — |
| 2022 | $51,039 | — | — | — | — |