Plan Snapshot
- Plan Sponsor: Seaview Orthopaedics & Medical Associates
- Sponsor EIN: 222398304
- Sponsor Address: 1200 EAGLE AVENUE, OCEAN TOWNSHIP, NJ, 077127631
- Plan Type: 401(k)
- Total Participants: 387
- Total Assets: $54.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 387 | $54.6M | $2.1M | $1.7M |
| 2023 | 362 | $46.0M | $1.9M | $1.6M |
| 2022 | 265 | $36.8M | $1.6M | $1.3M |
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 |
|---|---|---|---|---|
| USI CONSULTING GROUP | RECORDKEEPER | $4,645 | $33,166 | $37,811 |
| CHARLES SCHWAB TRUST BANK | NONE | — | $8,074 | $8,074 |
| NSICOCCIA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB TRUST BANK — NONE
- NSICOCCIA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,885
- Estimated Expense Ratio: 0.084% 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 | $152,407 | — | $18,901 | — | — |
| 2023 | $18,229 | — | $18,229 | — | — |
| 2022 | $16,810 | — | $16,810 | — | — |