Plan Snapshot
- Plan Sponsor: Pressler, Felt & Warshaw, LLP
- Sponsor EIN: 226250869
- Sponsor Address: 7 ENTIN RD., PARSIPPANY, NJ, 07054
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $10.4M
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 | 115 | $10.4M | $20,051 | $506,235 |
| 2023 | 168 | $9.7M | $26,417 | $525,934 |
| 2022 | 173 | $8.3M | $29,541 | $595,027 |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | Recordkeeper | $16,078 | — | $16,078 |
| PNC INSTITUTIONAL ASSET MANAGEMENT | Investment Advisor | $12,968 | — | $12,968 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,046
- Estimated Expense Ratio: 0.279% 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 | $29,046 | $12,968 | $16,078 | — | — |
| 2023 | $20,467 | $6,834 | $10,293 | — | — |
| 2022 | $30,879 | $8,641 | $20,078 | — | $2,160 |