Plan Snapshot
- Plan Sponsor: Sheppard Bus Service, INC.
- Sponsor EIN: 221734132
- Sponsor Address: 300 M STREET, MILLVILLE, NJ, 08332
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 521
- Total Assets: $5.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 521 | $5.5M | $222,472 | $425,360 |
| 2023 | 439 | $4.6M | $171,990 | $280,705 |
| 2022 | 416 | $3.7M | $175,811 | $286,097 |
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 |
|---|---|---|---|---|
| ADAMSBROWN, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $3,219 | — | $3,219 | — | — |
| 2023 | $76 | — | $76 | — | — |
| 2022 | $1,030 | — | — | — | $1,030 |