Plan Snapshot
- Plan Sponsor: Van Cleef Engineering Associates,
- Sponsor EIN: 222939230
- Sponsor Address: 32 BROWER LANE, HILLSBOROUGH, NJ, 08844
- Plan Type: 401(k)
- Total Participants: 230
- Total Assets: $53.6M
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 | 230 | $53.6M | $465,384 | $1.9M |
| 2023 | 226 | $46.5M | $390,388 | $1.7M |
| 2022 | 214 | $42.8M | $508,189 | $1.5M |
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 |
|---|---|---|---|---|
| WITHUMSMITHBROWN, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITHBROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $42,001 | $39,501 | $1,700 | — | — |
| 2023 | $28,457 | $24,807 | $3,000 | — | — |
| 2022 | $20,882 | — | — | — | — |