Plan Snapshot
- Plan Sponsor: Aquaphoenix Scientific, LLC
- Sponsor EIN: 233058449
- Sponsor Address: 860 GITTS RUN ROAD, HANOVER, PA, 17331
- Plan Type: 401(k)
- Total Participants: 268
- Total Assets: $22.6M
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 | 268 | $22.6M | $768,307 | $1.2M |
| 2023 | 214 | $12.8M | $517,599 | $921,551 |
| 2022 | 237 | $10.5M | $455,947 | $831,132 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS. CO OF AMERICA | Recordkeeper | $49,236 | — | $49,236 |
| LPL FINANCIAL | Investment Advisor | $29,132 | — | $29,132 |
| PA RETIREMENT SOLUTIONS INC | Other Service Provider | $15,522 | $10,000 | $25,522 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $5,559 | — | $5,559 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,449
- Estimated Expense Ratio: 0.485% 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 | $94,866 | $29,608 | $15,522 | — | — |
| 2023 | $69,367 | $22,154 | $6,100 | — | — |
| 2022 | $65,060 | — | $65,060 | — | — |