Plan Snapshot
- Plan Sponsor: Twin Boro Management, LLC
- Sponsor EIN: 842755562
- Sponsor Address: 20 COMMERCE DRIVE, CANFORD, NJ, 07016
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $0 | $0 |
| 2023 | 331 | $14.2M | $89,085 | $1.4M |
| 2022 | 271 | $11.2M | $59,897 | $922,156 |
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 |
|---|---|---|---|---|
| WEDBUSH SECURITIES | NONE | $74,954 | — | $74,954 |
| THE VANGUARD GROUP, INC. | NONE | $35,828 | — | $35,828 |
| WARREN AVERETT LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- WARREN AVERETT LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $110,782
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 | $64,565 | $41,759 | $22,806 | — | — |
| 2023 | $55,391 | $37,477 | $17,914 | — | — |
| 2022 | $48,381 | $34,981 | $13,400 | — | — |