Plan Snapshot
- Plan Sponsor: Pskw, LLC
- Sponsor EIN: 203058721
- Sponsor Address: 200 JEFFERSON PARK, WHIPPANY, NJ, 07981
- Plan Type: DC
- Total Participants: 1,431
- Total Assets: $75.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,431 | $75.0M | $4.1M | $6.8M |
| 2023 | 1,380 | $63.0M | $3.6M | $5.9M |
| 2022 | 1,234 | $49.2M | $3.3M | $5.5M |
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 | $109,275 | — | $109,275 |
| PNC INSTITUTIONAL ASSET MANAGEMENT | ADVISOR | $35,534 | — | $35,534 |
| NEWPORT TRUST COMPANY | TRUSTEE | $18,724 | — | $18,724 |
| WISS & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WISS & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $163,533
- Estimated Expense Ratio: 0.218% 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 | $163,533 | $35,534 | $67,337 | — | — |
| 2023 | $138,424 | $35,315 | $48,775 | — | — |
| 2022 | $130,053 | $17,341 | $105,902 | — | $6,810 |