Plan Snapshot
- Plan Sponsor: Customized Energy Solutions, Ltd.
- Sponsor EIN: 251811123
- Sponsor Address: 1528 WALNUT STREET, PHILADELPHIA, PA, 19102
- Plan Type: 401(k)
- Total Participants: 162
- Total Assets: $40.6M
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 | 162 | $40.6M | $1.3M | $2.0M |
| 2023 | 164 | $35.0M | $1.2M | $1.8M |
| 2022 | 161 | $29.5M | $887,906 | $1.5M |
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 |
|---|---|---|---|---|
| INVST | NONE | $74,837 | — | $74,837 |
| CHARLES SCHWAB BANK | NONE | $12,447 | — | $12,447 |
| AMERITAS LIFE INSURANCE CORP | NONE | $9,641 | — | $9,641 |
| DGPERRY PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB BANK — NONE
- AMERITAS LIFE INSURANCE CORP — NONE
- DGPERRY PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $96,925
- Estimated Expense Ratio: 0.239% 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 | $96,926 | $74,837 | $9,642 | — | — |
| 2023 | $82,346 | $62,588 | $3,742 | — | — |
| 2022 | $81,559 | $61,098 | $20,461 | — | — |