Plan Snapshot
- Plan Sponsor: Engel Machinery, INC.
- Sponsor EIN: 232532651
- Sponsor Address: 3740 BOARD ROAD, YORK, PA, 174068425
- Plan Type: 401(k)
- Total Participants: 242
- Total Assets: $34.8M
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 | 242 | $34.8M | $694,405 | $2.3M |
| 2023 | 246 | $31.4M | $718,062 | $2.2M |
| 2022 | 235 | $24.9M | $656,620 | $2.1M |
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 |
|---|---|---|---|---|
| GREENSPRING ADVISORS LLC | Investment Advisor | $103,885 | — | $103,885 |
| THE VANGUARD GROUP, INC. | Recordkeeper | $30,472 | — | $30,472 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GREENSPRING ADVISORS LLC — Investment Advisor
- THE VANGUARD GROUP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $134,357
- Estimated Expense Ratio: 0.386% 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 | $134,357 | $103,885 | $30,472 | — | — |
| 2023 | $126,169 | $99,338 | $26,831 | — | — |
| 2022 | $128,835 | $102,321 | $26,514 | — | — |