Plan Snapshot
- Plan Sponsor: Thermo System LLC
- Sponsor EIN: 223594854
- Sponsor Address: 84 TWIN RIVERS DR, EAST WINDSOR, NJ, 08520
- Plan Type: 401(k)
- Total Participants: 311
- Total Assets: $28.4M
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 | 311 | $28.4M | $1.2M | $2.8M |
| 2023 | 240 | $22.5M | $974,460 | $2.2M |
| 2022 | 188 | $17.5M | $740,211 | $1.7M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $38,102 | $10,919 | $49,021 |
| ADP, INC. | RECORD KEEPER | $5,462 | — | $5,462 |
| ANDERS MINKLER HUBER & HELM LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- ANDERS MINKLER HUBER & HELM LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,483
- Estimated Expense Ratio: 0.192% 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 | $43,564 | $38,102 | — | — | — |
| 2023 | $32,034 | $27,990 | — | — | — |
| 2022 | $13,978 | — | — | — | — |