Plan Snapshot
- Plan Sponsor: Bitzer Scroll, INC.
- Sponsor EIN: 208255529
- Sponsor Address: 6055 COURT STREET ROAD, SYRACUSE, NY, 13206
- Plan Type: 401(k)
- Total Participants: 161
- Total Assets: $12.3M
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 | 161 | $12.3M | $314,243 | $500,294 |
| 2023 | 136 | $10.1M | $266,047 | $435,120 |
| 2022 | 124 | $8.8M | $243,932 | $428,693 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL | Investment Advisor | $23,436 | — | $23,436 |
| EMPOWER LIFE & ANNUITY INSURANCE | Recordkeeper | $8,481 | — | $8,481 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,917
- Estimated Expense Ratio: 0.260% 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 | $33,514 | — | — | — | — |
| 2023 | $43,604 | — | — | — | — |
| 2022 | $46,537 | — | — | — | — |