Plan Snapshot
- Plan Sponsor: Custom Processing Services INC.
- Sponsor EIN: 232980386
- Sponsor Address: 2 BIRCHMONT DR, READING, PA, 196063074
- Plan Type: 401(k)
- Total Participants: 121
- Total Assets: $5.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 121 | $5.0M | $56,237 | $408,960 |
| 2023 | 120 | $4.4M | $63,978 | $468,338 |
| 2022 | 132 | $3.5M | $61,415 | $421,334 |
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 |
|---|---|---|---|---|
| ALAN ROSS & COMPANY PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $22,112 | — | $22,112 | — | — |
| 2023 | $17,763 | — | $17,763 | — | — |
| 2022 | $15,876 | — | $15,876 | — | — |