Plan Snapshot
- Plan Sponsor: American Asphalt Paving Co.
- Sponsor EIN: 240802601
- Sponsor Address: 500 CHASE ROAD, SHAVERTOWN, PA, 18708
- Plan Type: 401(k)
- Total Participants: 151
- Total Assets: $9.5M
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 | 151 | $9.5M | $575,472 | $552,518 |
| 2023 | 139 | $8.9M | $502,936 | $496,381 |
| 2022 | 131 | $5.6M | $422,379 | $433,731 |
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 |
|---|---|---|---|---|
| KRONICK KALADA BERDY & CO., PC | Auditor | $8,025 | — | $8,025 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KRONICK KALADA BERDY & CO., PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,025
- Estimated Expense Ratio: 0.084% 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 | $84,720 | — | — | $8,025 | — |
| 2023 | $20,142 | $10,408 | — | — | — |
| 2022 | $5,116 | — | $4,921 | — | — |