Plan Snapshot
- Plan Sponsor: Tenacre Foundation
- Sponsor EIN: 210577480
- Sponsor Address: P.O. BOX 632, PRINCETON, NJ, 08542
- Plan Type: DB
- Total Participants: 128
- Total Assets: $60.8M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 128 | $60.8M | $0 | $0 |
| 2023 | 131 | $57.4M | $0 | $0 |
| 2022 | 148 | $50.0M | $0 | $0 |
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 |
|---|---|---|---|---|
| AMERICAN TRUST COMPANY | NONE | $368,674 | — | $368,674 |
| TOWLE & CO. | NONE | $40,362 | — | $40,362 |
| WELLS FARGO | NONE | $36,306 | — | $36,306 |
| WITHUM SMITH & BROWN, PC | NONE | $24,440 | — | $24,440 |
| PREFERRED PENSION PLANNING CORP | NONE | $24,230 | — | $24,230 |
| ADP | NONE | $7,927 | — | $7,927 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUM SMITH & BROWN, PC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $501,939
- Estimated Expense Ratio: 0.825% 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 | $561,150 | $445,342 | — | $24,440 | — |
| 2023 | $437,935 | $391,447 | — | $18,000 | — |
| 2022 | $428,295 | $377,703 | — | — | $43,900 |