Plan Snapshot
- Plan Sponsor: Aquaphoenix Scientific, LLC
- Sponsor EIN: 233058449
- Sponsor Address: 860 GITTS RUN ROAD, HANOVER, PA, 17331
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 370
- Total Assets: $24.1M
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. |
|---|---|---|---|---|
| 2025 | 370 | $24.1M | $0 | $0 |
| 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 | $46,717 | — | $46,717 |
| LPL FINANCIAL | Investment Advisor | $34,319 | — | $34,319 |
| PA RETIREMENT SOLUTIONS INC | Other Service Provider | $9,000 | $10,000 | $19,000 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $6,694 | — | $6,694 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $106,730
- Estimated Expense Ratio: 0.442% 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 |
|---|---|---|---|---|---|
| 2025 | $5,674,253 | $34,319 | $9,000 | — | — |
| 2024 | $94,866 | $29,608 | $15,522 | — | — |
| 2023 | $69,367 | $22,154 | $6,100 | — | — |
| 2022 | $65,060 | — | $65,060 | — | — |