Plan Snapshot
- Plan Sponsor: Benton Foundry, INC.
- Sponsor EIN: 240837325
- Sponsor Address: 5297 STATE ROUTE 487, BENTON, PA, 178147641
- Plan Type: 401(k)
- Total Participants: 162
- Total Assets: $14.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 162 | $14.6M | $160,840 | $453,586 |
| 2023 | 166 | $13.2M | $185,424 | $559,575 |
| 2022 | 163 | $11.2M | $185,238 | $557,701 |
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 |
|---|---|---|---|---|
| RKL LLP | Auditor | $11,205 | — | $11,205 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RKL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,205
- Estimated Expense Ratio: 0.077% 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 | $42,168 | $12,000 | $18,963 | $11,205 | — |
| 2023 | $26,673 | $9,000 | $17,673 | — | — |
| 2022 | $2,820 | — | $2,820 | — | — |