Plan Snapshot
- Plan Sponsor: Trinity Solar, LLC
- Sponsor EIN: 223292324
- Sponsor Address: 2211 ALLENWOOD ROAD, WALL, NJ, 07719
- Plan Type: 401(k)
- Total Participants: 2,725
- Total Assets: $60.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,725 | $60.0M | $1.6M | $10.3M |
| 2023 | 2,366 | $46.0M | $1.7M | $9.1M |
| 2022 | 1,911 | $32.4M | $1.1M | $6.7M |
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 |
|---|---|---|---|---|
| NATIONWIDE | SERVICE PROVIDER | $230,169 | — | $230,169 |
| LIBERTY PARTNERS FINANCE SERVICE | INSURANCE AGENCY | — | $97,660 | $97,660 |
| PREFERRED PENSION PLANNING | TPA | $89,400 | — | $89,400 |
| PROACCOUNT | INVESTMENT ADVISORY | $20,337 | — | $20,337 |
| BKC, CPA'S, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — SERVICE PROVIDER
- PROACCOUNT — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $437,566
- Estimated Expense Ratio: 0.730% 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 | $115,501 | $115,501 | — | — | — |
| 2023 | $331,367 | $331,367 | — | — | — |
| 2022 | $308,232 | — | $308,232 | — | — |