Plan Snapshot
- Plan Sponsor: Prc Management Company INC.
- Sponsor EIN: 222044347
- Sponsor Address: 141 WEST FRONT STREET, RED BANK, NJ, 07701
- Plan Type: 401(k)
- Total Participants: 130
- Total Assets: $7.8M
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 | 130 | $7.8M | $159,882 | $586,278 |
| 2023 | 130 | $8.9M | $118,644 | $502,007 |
| 2022 | 125 | $7.4M | $97,024 | $468,668 |
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 |
|---|---|---|---|---|
| SAIPH CAPITAL LLC | ADVISOR | $15,197 | — | $15,197 |
| THE CURCHIN GROUP LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,197
- Estimated Expense Ratio: 0.195% 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 | $18,906 | $15,197 | — | — | — |
| 2023 | $12,817 | $11,342 | — | — | — |
| 2022 | $17,063 | — | — | — | — |