Plan Snapshot
- Plan Sponsor: Black River Systems Company, INC.
- Sponsor EIN: 161515846
- Sponsor Address: 162 GENESEE STREET, UTICA, NY, 13502
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $13.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 109 | $13.1M | $2.1M | $828,223 |
| 2023 | 127 | $8.8M | $2.0M | $771,878 |
| 2022 | 115 | $4.9M | $1.9M | $724,275 |
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 |
|---|---|---|---|---|
| ASCENT WEALTH PARTNERS, LLC | Other Service Provider | $41,907 | — | $41,907 |
| BENEFIT PLAN ADMIN SERVICES | Recordkeeper | $13,715 | — | $13,715 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BENEFIT PLAN ADMIN SERVICES — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,622
- Estimated Expense Ratio: 0.425% 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 | $55,623 | $53,823 | $1,470 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |