Plan Snapshot
- Plan Sponsor: Accudyn Products, INC.
- Sponsor EIN: 232928108
- Sponsor Address: 2400 YODER DRIVE, ERIE, PA, 16506
- Plan Type: 401(k)
- Total Participants: 143
- Total Assets: $6.1M
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 | 143 | $6.1M | $207,193 | $408,277 |
| 2023 | 145 | $5.1M | $145,469 | $378,946 |
| 2022 | 130 | $3.9M | $168,799 | $350,119 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH | INVESTMENT ADVISOR | $15,124 | — | $15,124 |
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $12,632 | — | $12,632 |
| HILL, BARTH & KING LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — INVESTMENT ADVISOR
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- HILL, BARTH & KING LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,756
- Estimated Expense Ratio: 0.452% 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 | $32,381 | — | — | — | — |
| 2023 | $24,593 | — | — | — | — |
| 2022 | $23,286 | $23,286 | — | — | — |