Plan Snapshot
- Plan Sponsor: The Arc Of Union County, INC.
- Sponsor EIN: 221686764
- Sponsor Address: 70 DIAMOND ROAD, SPRINGFIELD, NJ, 070813119
- Plan Type: 401(k)
- Total Participants: 414
- Total Assets: $13.6M
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 | 414 | $13.6M | $589,591 | $486,303 |
| 2023 | 369 | $11.8M | $551,550 | $516,931 |
| 2022 | 341 | $10.1M | $532,180 | $532,826 |
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 |
|---|---|---|---|---|
| NATIONWIDE LIFE INSURANCE | Recordkeeper | $44,888 | $7,340 | $52,228 |
| CETERA ADVISOR NETWORKS LLC | Investment Advisor | — | $31,551 | $31,551 |
| STADION MONEY MANAGEMENT | Recordkeeper | $19,084 | — | $19,084 |
| PLANNED FINANCIAL PROGRAMS | Recordkeeper | $9,816 | — | $9,816 |
| IRON-CO-FID-COMPREHENSIVE | Investment Advisor | $6,440 | — | $6,440 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE LIFE INSURANCE — Recordkeeper
- STADION MONEY MANAGEMENT — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,119
- Estimated Expense Ratio: 0.879% 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 | $37,424 | $27,716 | $9,700 | — | — |
| 2023 | $90,305 | $84,337 | $5,968 | — | — |
| 2022 | $91,521 | $83,463 | — | — | $8,058 |