Plan Snapshot
- Plan Sponsor: Zenith Energy Terminals Holdings
- Sponsor EIN: 260465469
- Sponsor Address: 1 HIGHLAND AVENUE, METUCHEN, NJ, 08840
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 71
- Total Assets: $8.6M
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 | 71 | $8.6M | $331,893 | $768,519 |
| 2023 | 76 | $7.9M | $391,332 | $921,394 |
| 2022 | 130 | $8.7M | $561,951 | $1.2M |
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 |
|---|---|---|---|---|
| PRINCIPLED ADVISORS, INC. | Investment Advisor | $28,857 | — | $28,857 |
| ADP, INC. | Recordkeeper | $18,964 | — | $18,964 |
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: $47,821
- Estimated Expense Ratio: 0.556% 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 | $47,822 | $28,858 | — | — | — |
| 2023 | $55,906 | $27,737 | — | — | — |
| 2022 | $59,149 | — | — | — | — |