Plan Snapshot
- Plan Sponsor: The Doherty Group, INC.
- Sponsor EIN: 223377320
- Sponsor Address: 7 PEARL COURT, ALLENDALE, NJ, 07401
- Plan Type: 401(k)
- Total Participants: 7,472
- Total Assets: $40.6M
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 | 7,472 | $40.6M | $599,119 | $2.8M |
| 2023 | 4,146 | $37.5M | $641,270 | $2.7M |
| 2022 | 4,004 | $32.4M | $597,775 | $2.5M |
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 |
|---|---|---|---|---|
| COHNREZNICK, LLP | Auditor | $9,202 | — | $9,202 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,202
- Estimated Expense Ratio: 0.023% 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 | $130,006 | $56,351 | — | $9,202 | — |
| 2023 | $117,800 | $55,988 | $1,200 | $2,380 | — |
| 2022 | $114,939 | — | — | — | — |