Plan Snapshot
- Plan Sponsor: Oracle Financial Services Software, INC.
- Sponsor EIN: 134200183
- Sponsor Address: 100 SOMERSET CORPORATE BLVD., BRIDGEWATER, NJ, 08807
- Plan Type: 401(k)
- Total Participants: 295
- Total Assets: $91.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 295 | $91.4M | $1.4M | $4.2M |
| 2023 | 298 | $81.4M | $1.7M | $4.0M |
| 2022 | 301 | $66.8M | $1.4M | $3.7M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $107,923 | — | $107,923 |
| LPL FINANCIAL CORPORATION | INVESTMENT ADVISORY | $102,445 | — | $102,445 |
| SAX ACCOUNTING | AUDIT | $15,000 | — | $15,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- SAX ACCOUNTING — AUDIT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $225,368
- Estimated Expense Ratio: 0.246% 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 | $225,368 | $102,445 | — | $15,000 | — |
| 2023 | $225,071 | $86,375 | — | $42,000 | — |
| 2022 | $182,378 | $102,954 | — | — | — |