Plan Snapshot
- Plan Sponsor: Barrys Paint Shop, INC.
- Sponsor EIN: 232799406
- Sponsor Address: 33 LONG AVENUE, EPHRATA, PA, 17522
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 32
- Total Assets: $77,822
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 32 | $77,822 | $411,209 | $36,709 |
| 2023 | 26 | $189,232 | $330,969 | $34,406 |
| 2022 | 25 | $113,617 | $246,617 | $18,489 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP | Investment Advisor | $22,847 | — | $22,847 |
| HARDING-YOST INSURANCE ASSOCIATES | Investment Advisor | $10,155 | — | $10,155 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,002
- Estimated Expense Ratio: 42.407% 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 | $571,340 | — | — | — | — |
| 2023 | $261,149 | — | — | — | — |
| 2022 | $215,931 | — | — | — | — |