Plan Snapshot
- Plan Sponsor: The Arc - Ocean County Chapter
- Sponsor EIN: 210723435
- Sponsor Address: 815 CEDAR BRIDGE AVE, LAKEWOOD, NJ, 087014932
- Plan Type: 401(k)
- Total Participants: 459
- Total Assets: $14.1M
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 | 459 | $14.1M | $864,346 | $894,137 |
| 2023 | 466 | $12.3M | $744,950 | $761,957 |
| 2022 | 436 | $10.2M | $784,622 | $746,252 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $34,264 | — | $34,264 |
| HOLMAN FRENIA ALLISON, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HOLMAN FRENIA ALLISON, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,264
- Estimated Expense Ratio: 0.244% 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 | $34,264 | — | $34,264 | — | — |
| 2023 | $29,753 | — | $29,753 | — | — |
| 2022 | $32,152 | — | $32,152 | — | — |