Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Pressmen Local 72 401(K) Retirement Plan
- Sponsor EIN: 521718093
- Sponsor Address: 6037 BALTIMORE AVENUE, RIVERDALE, MD, 20737
- Plan Type: 401(k)
- Total Participants: 194
- Total Assets: $13.6M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 194 | $13.6M | $116,297 | $323,747 |
| 2023 | 216 | $13.3M | $107,412 | $300,787 |
| 2022 | 213 | $11.5M | $95,226 | $291,155 |
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 |
|---|---|---|---|---|
| WITHUMSMITH+BROWN, PC | Auditor | $11,232 | — | $11,232 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,232
- Estimated Expense Ratio: 0.083% 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 | $137,632 | $13,000 | $12,832 | $11,232 | — |
| 2023 | $61,902 | $13,000 | $15,312 | $11,250 | — |
| 2022 | $53,112 | $13,000 | $68 | — | $34,114 |