Plan Snapshot
- Plan Sponsor: Erie Homes For Children And Adults, INC.
- Sponsor EIN: 250967472
- Sponsor Address: 226 EAST 27TH STREET, ERIE, PA, 16504
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 511
- Total Assets: $14.6M
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 | 511 | $14.6M | $401,775 | $727,100 |
| 2023 | 503 | $13.9M | $350,574 | $628,774 |
| 2022 | 487 | $12.5M | $356,615 | $601,657 |
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 |
|---|---|---|---|---|
| LICOLN NATIONAL CORPORATION | Recordkeeper | $49,535 | — | $49,535 |
| M2B RETIREMENT CONSULTING, LLC | Recordkeeper | $17,173 | — | $17,173 |
| ANCHOR 3(16) FIDUCIARY SOLUTIONS | Other Service Provider | $12,251 | — | $12,251 |
| ENVESTNET RETIREMENT SOLUTIONS | ERISA Attorney | $6,884 | — | $6,884 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LICOLN NATIONAL CORPORATION — Recordkeeper
- ENVESTNET RETIREMENT SOLUTIONS — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,843
- Estimated Expense Ratio: 0.586% 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 | $85,843 | $6,884 | $17,173 | — | — |
| 2023 | $82,349 | — | $18,693 | — | — |
| 2022 | $71,798 | — | $71,798 | — | — |