Plan Snapshot
- Plan Sponsor: Orthonj, LLC
- Sponsor EIN: 824413259
- Sponsor Address: 2 WORLDS FAIR DRIVE, SOMERSET, NJ, 08873
- Plan Type: 401(k)
- Total Participants: 719
- Total Assets: $173.7M
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 | 719 | $173.7M | $6.6M | $5.1M |
| 2023 | 665 | $155.6M | $6.1M | $4.8M |
| 2022 | 622 | $124.7M | $5.5M | $4.4M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT, LLP | Auditor | — | — | $0 |
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 | $330,321 | $266,234 | — | — | — |
| 2023 | $83,812 | — | $83,812 | — | — |
| 2022 | $201,406 | — | $201,406 | — | — |