Plan Snapshot
- Plan Sponsor: C. P. Converters, INC.
- Sponsor EIN: 231544725
- Sponsor Address: 15 GRUMBACHER ROAD, YORK, PA, 174068417
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 328
- Total Assets: $1.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 328 | $1.8M | $0 | $0 |
| 2024 | 356 | $2.4M | $5.8M | $903,562 |
| 2023 | 362 | $752,448 | $5.0M | $820,255 |
| 2022 | 386 | $1.1M | $4.9M | $765,484 |
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 |
|---|---|---|---|---|
| HIGHMARK | Other Service Provider | $183,691 | — | $183,691 |
| MCCONKEY BENEFITS & FINANCIAL SERV | Investment Advisor | $93,840 | — | $93,840 |
| BENEFITMALL | Other Service Provider | $25,232 | — | $25,232 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $302,763
- Estimated Expense Ratio: 16.838% 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 |
|---|---|---|---|---|---|
| 2025 | $5,608,880 | — | $352,306 | — | — |
| 2024 | $1,698,022 | — | $135,488 | — | — |
| 2023 | $1,578,772 | — | — | — | — |
| 2022 | $255,751 | — | — | — | $255,751 |