Plan Snapshot
- Plan Sponsor: Sills Cummis & Gross P.C.
- Sponsor EIN: 221920331
- Sponsor Address: 1 RIVERFRONT PLAZA, NEWARK, NJ, 07102
- Plan Type: 401(k)
- Total Participants: 94
- Total Assets: $43.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 94 | $43.1M | $152,726 | $1.2M |
| 2023 | 100 | $35.9M | $148,148 | $1.1M |
| 2022 | 108 | $29.5M | $0 | $1.1M |
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 |
|---|---|---|---|---|
| COHN REZNICK | 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 | $4,151 | — | — | — | — |
| 2023 | $3,920 | $3,920 | — | — | — |
| 2022 | $2,445 | $2,445 | — | — | — |