Plan Snapshot
- Plan Sponsor: Storis, INC.
- Sponsor EIN: 222943409
- Sponsor Address: 400 VALLEY ROAD, MT. ARLINGTON, NJ, 07856
- Plan Type: 401(k)
- Total Participants: 154
- Total Assets: $35.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 154 | $35.1M | $650,000 | $1.6M |
| 2023 | 146 | $29.9M | $600,000 | $1.5M |
| 2022 | 147 | $24.6M | $605,000 | $1.5M |
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 |
|---|---|---|---|---|
| ENVESTNET RETIREMENT SOLUTIONS | INVESTMENT ADVISORY | $15,784 | — | $15,784 |
| NISIVOCCIA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ENVESTNET RETIREMENT SOLUTIONS — INVESTMENT ADVISORY
- NISIVOCCIA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,784
- Estimated Expense Ratio: 0.045% 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 | $22,206 | $15,784 | $2,202 | — | — |
| 2023 | $16,081 | — | $13,221 | — | — |
| 2022 | $15,321 | — | $15,321 | — | — |