Plan Snapshot
- Plan Sponsor: Bonney Forge Corp
- Sponsor EIN: 232308673
- Sponsor Address: 14496 CROGHAN PIKE, MOUNT UNION, PA, 170660330
- Plan Type: 401(k)
- Total Participants: 199
- Total Assets: $21.5M
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 | 199 | $21.5M | $454,495 | $974,794 |
| 2023 | 185 | $20.1M | $412,339 | $914,484 |
| 2022 | 181 | $17.8M | $399,417 | $893,194 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $27,368 | — | $27,368 |
| LEAFHOUSE FINANCIAL ADVISORS LLC | Investment Advisor | $20,418 | — | $20,418 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,786
- Estimated Expense Ratio: 0.222% 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 | $47,786 | $20,418 | — | — | — |
| 2023 | $42,658 | $18,292 | — | — | — |
| 2022 | $28,449 | — | — | — | — |