Plan Snapshot
- Plan Sponsor: Phillipsburg Easton Honda
- Sponsor EIN: 222269012
- Sponsor Address: 400 COUNTRY ROAD 519, PHILLIPSBURG, NJ, 08865
- Plan Type: 401(k)
- Total Participants: 186
- Total Assets: $9.0M
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 | 186 | $9.0M | $53,444 | $534,414 |
| 2023 | 172 | $7.5M | $60,375 | $603,753 |
| 2022 | 162 | $7.1M | $53,810 | $538,101 |
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 |
|---|---|---|---|---|
| COHNREZNICK 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 | $4,174 | — | $3,774 | — | — |
| 2023 | $14,830 | — | $14,830 | — | — |
| 2022 | $1,864 | — | $1,864 | — | — |