Plan Snapshot
- Plan Sponsor: Technology Dynamics, INC.
- Sponsor EIN: 222119658
- Sponsor Address: 100 SCHOOL STREET, BERGENFIELD, NJ, 07621
- Plan Type: 401(k)
- Total Participants: 149
- Total Assets: $7.3M
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 | 149 | $7.3M | $12,541 | $632,047 |
| 2023 | 150 | $6.8M | $10,797 | $539,848 |
| 2022 | 172 | $5.9M | $11,909 | $595,425 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL | AGENT/ BROKER | $57,953 | — | $57,953 |
| NEUHAUS & ASSOCIATES LLC | AUDITOR | $14,000 | — | $14,000 |
| RED BANK PENSION SERVICES, INC. | TPA | $9,527 | $4,447 | $13,974 |
| R. NEUHAUS & ASSOCIATES, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES FINANCIAL — AGENT/ BROKER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,927
- Estimated Expense Ratio: 1.181% 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 | $110,562 | — | $110,562 | — | — |
| 2023 | $57,379 | — | — | — | — |
| 2022 | $46,085 | — | — | — | $46,085 |