Plan Snapshot
- Plan Sponsor: Schiffli Embroidery Workers Pen.
- Sponsor EIN: 226077641
- Sponsor Address: 830 BEAR TAVERN ROAD, WEST TRENTON, NJ, 08628
- Plan Type: DB
- Total Participants: 638
- Total Assets: $222,482
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. |
|---|---|---|---|---|
| 2025 | 638 | $222,482 | $0 | $0 |
| 2024 | 0 | $324,835 | $0 | $0 |
| 2023 | 0 | $318,164 | $0 | $0 |
| 2022 | 0 | $317,686 | $0 | $0 |
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 |
|---|---|---|---|---|
| I.E. SHAFFER & CO. | NONE | $71,733 | — | $71,733 |
| LARRY MAGARIK, ESQ | NONE | $13,185 | — | $13,185 |
| BARATZ & ASSOCIATES, P.A. | NONE | $6,800 | — | $6,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BARATZ & ASSOCIATES, P.A. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $91,718
- Estimated Expense Ratio: 41.225% 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 |
|---|---|---|---|---|---|
| 2025 | $105,365 | — | $71,733 | $6,800 | — |
| 2024 | $117,738 | — | $68,900 | $8,812 | — |
| 2023 | $88,600 | — | $66,300 | $6,000 | — |
| 2022 | $92,027 | — | $65,000 | — | $18,560 |