Plan Snapshot
- Plan Sponsor: Samuel Coraluzzo Co., INC.
- Sponsor EIN: 222766979
- Sponsor Address: P.O. BOX 1360, VINELAND, NJ, 08360
- Plan Type: 401(k)
- Total Participants: 772
- Total Assets: $12.5M
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 | 772 | $12.5M | $307,453 | $1.2M |
| 2023 | 766 | $10.5M | $370,008 | $1.1M |
| 2022 | 775 | $8.7M | $938,979 | $948,555 |
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 |
|---|---|---|---|---|
| PAYNE CAPITAL MANAGEMENT LLC | ADVISOR | $51,828 | — | $51,828 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $46,255 | — | $46,255 |
| MARTINI AND MARTINI | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,083
- Estimated Expense Ratio: 0.782% 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 | $98,083 | $51,828 | — | — | — |
| 2023 | $81,879 | $42,131 | — | — | — |
| 2022 | $76,472 | — | — | — | — |