Plan Snapshot
- Plan Sponsor: Prestige Management Services, INC.
- Sponsor EIN: 222973924
- Sponsor Address: 7 INDUSTRIAL AVE., MAHWAH, NJ, 07430
- Plan Type: 401(k)
- Total Participants: 96
- Total Assets: $20.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 96 | $20.0M | $40,771 | $608,404 |
| 2023 | 107 | $18.4M | $29,086 | $612,991 |
| 2022 | 90 | $16.3M | $41,038 | $537,227 |
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 |
|---|---|---|---|---|
| BOWMAN & COMPANY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOWMAN & COMPANY LLP — Auditor
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 | $74,323 | $28,000 | — | — | — |
| 2023 | $69,174 | $28,000 | — | — | — |
| 2022 | $71,709 | $28,000 | — | — | $43,709 |