Plan Snapshot
- Plan Sponsor: Allen Distribution
- Sponsor EIN: 251576445
- Sponsor Address: 1532 COMMERCE AVENUE, CARLISLE, PA, 17015
- Plan Type: 401(k)
- Total Participants: 1,040
- Total Assets: $13.3M
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 | 1,040 | $13.3M | $1.0M | $2.5M |
| 2023 | 1,060 | $9.9M | $634,550 | $1.8M |
| 2022 | 851 | $7.0M | $333,771 | $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 |
|---|---|---|---|---|
| PA RETIREMENT SOLUTIONS | THIRD PARTY ADMIN | $86,756 | — | $86,756 |
| EMPOWER ANNUITY INSURANCE CO OF AME | RECORDKEEPER | $74,167 | — | $74,167 |
| MMA SECURITIES LLC | INVESTMENT ADVISOR | $28,869 | — | $28,869 |
| BOYER & RITTER LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $189,792
- Estimated Expense Ratio: 1.425% 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 | $191,796 | — | $84,256 | — | — |
| 2023 | $104,064 | — | $31,306 | — | — |
| 2022 | $70,073 | — | $70,073 | — | — |