Plan Snapshot
- Plan Sponsor: Cargas Systems INC
- Sponsor EIN: 232668955
- Sponsor Address: 101 NORTH QUEEN STREET, SUITE 300, LANCASTER, PA, 17603
- Plan Type: 401(k)
- Total Participants: 192
- Total Assets: $18.4M
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 | 192 | $18.4M | $437,138 | $1.5M |
| 2023 | 187 | $14.2M | $411,270 | $1.4M |
| 2022 | 179 | $10.3M | $357,901 | $1.3M |
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 |
|---|---|---|---|---|
| CONRAD SIEGEL INVESTMENT ADVISORS | NONE | $28,861 | — | $28,861 |
| CONRAD SIEGEL | NONE | $18,339 | — | $18,339 |
| MCKONLY & ASBURY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CONRAD SIEGEL INVESTMENT ADVISORS — NONE
- MCKONLY & ASBURY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,200
- Estimated Expense Ratio: 0.256% 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 | $51,294 | $28,861 | — | — | — |
| 2023 | $45,394 | $24,579 | — | — | — |
| 2022 | $42,484 | $22,761 | — | — | $19,723 |