Plan Snapshot
- Plan Sponsor: Payrolling Partners, INC
- Sponsor EIN: 222364706
- Sponsor Address: 777 PASSAIC AVE., CLIFTON, NJ, 07012
- Plan Type: 401(k)
- Total Participants: 191
- Total Assets: $7.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 191 | $7.7M | $236,545 | $766,084 |
| 2023 | 196 | $6.4M | $202,692 | $646,642 |
| 2022 | 192 | $4.9M | $127,219 | $494,377 |
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 |
|---|---|---|---|---|
| SLAVIC INTEGRATED ADMINISTRATION | TPA | $73,447 | — | $73,447 |
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,447
- Estimated Expense Ratio: 0.953% 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 | $75,111 | $1,664 | $73,447 | — | — |
| 2023 | $43,257 | $39 | $43,218 | — | — |
| 2022 | $36,582 | $251 | $36,241 | — | — |