Plan Snapshot
- Plan Sponsor: Systems Technologies, INC.
- Sponsor EIN: 223024504
- Sponsor Address: 185 ROUTE 36, WEST LONG BRANCH, NJ, 07764
- Plan Type: 401(k)
- Total Participants: 65
- Total Assets: $20.9M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 65 | $20.9M | $189,061 | $744,854 |
| 2023 | 65 | $19.9M | $196,479 | $742,941 |
| 2022 | 79 | $16.9M | $201,117 | $748,177 |
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 |
|---|---|---|---|---|
| WITHUM SMITH & BROWN, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM SMITH & BROWN, PC — Auditor
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 | $50,354 | $49,454 | $750 | — | — |
| 2023 | $45,265 | $44,515 | $700 | — | — |
| 2022 | $43,034 | — | — | — | — |