Plan Snapshot
- Plan Sponsor: Taghleef Industries, INC.
- Sponsor EIN: 510295865
- Sponsor Address: 800 PRIDES CROSSING, NEWARK, DE, 19713
- Plan Type: 401(k)
- Total Participants: 567
- Total Assets: $72.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 567 | $72.2M | $1.1M | $3.1M |
| 2023 | 509 | $68.4M | $1.0M | $2.7M |
| 2022 | 466 | $64.3M | $1.0M | $2.7M |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS, LLC. | INVESTMENT ADVISOR | $56,250 | — | $56,250 |
| WITHUMSMITHBROWN PC | ACCOUNTANT/AUDITOR | $25,116 | — | $25,116 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITHBROWN PC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $81,366
- Estimated Expense Ratio: 0.113% 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 | $67,991 | $56,250 | — | $25,116 | — |
| 2023 | $17,504 | $37,500 | $2,700 | — | — |
| 2022 | $71,815 | — | — | — | — |