Plan Snapshot
- Plan Sponsor: Tr Spa INC
- Sponsor EIN: 384005937
- Sponsor Address: 1358 HOOPER AVE, TOMS RIVER, NJ, 08753
- Plan Type: 401(k)
- Total Participants: 238
- Total Assets: $2.7M
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 | 238 | $2.7M | $215,331 | $396,395 |
| 2023 | 211 | $1.9M | $169,658 | $321,429 |
| 2022 | 173 | $1.3M | $126,810 | $232,547 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $28,907 | — | $28,907 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $7,490 | $40 | $7,530 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,437
- Estimated Expense Ratio: 1.352% 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 | $36,398 | — | — | — | — |
| 2023 | $26,734 | $5,030 | — | — | — |
| 2022 | $20,594 | — | — | — | — |