Plan Snapshot
- Plan Sponsor: Sachem Dental Group, LLP
- Sponsor EIN: 112547652
- Sponsor Address: 469 HAWKINS AVENUE, LAKE RONKONKOMA, NY, 11779
- Plan Type: 401(k)
- Total Participants: 161
- Total Assets: $18.7M
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 | 161 | $18.7M | $634,175 | $533,440 |
| 2023 | 145 | $15.9M | $644,594 | $491,327 |
| 2022 | 134 | $13.0M | $543,019 | $404,823 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $88,249 | — | $88,249 |
| ERISA SPECIALIST | TPA | $17,912 | — | $17,912 |
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $106,161
- Estimated Expense Ratio: 0.568% 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 | $97,274 | — | — | — | — |
| 2023 | $85,568 | — | — | — | — |
| 2022 | $72,392 | — | — | — | — |