Plan Snapshot
- Plan Sponsor: Princeton Mortgage Corporation
- Sponsor EIN: 222470496
- Sponsor Address: 439 GRAND AVE, EWING, NJ, 08628
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 31
- Total Assets: $829,850
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 31 | $829,850 | $412,689 | $302,685 |
| 2023 | 51 | $417,234 | $662,416 | $377,171 |
| 2022 | 65 | $109,144 | $643,034 | $322,070 |
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 |
|---|---|---|---|---|
| ONEDIGITAL (PHILADELPHIA) | Investment Advisor | $18,785 | — | $18,785 |
| THE BENECON GROUP, LLC | Investment Advisor | $13,719 | — | $13,719 |
| UMR | Other Service Provider | $9,647 | — | $9,647 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,151
- Estimated Expense Ratio: 5.079% 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 | $664,496 | — | — | — | — |
| 2023 | $924,585 | — | — | — | — |
| 2022 | $982,516 | — | — | — | — |