Plan Snapshot
- Plan Sponsor: Erie Indemnity Company
- Sponsor EIN: 250466020
- Sponsor Address: 100 ERIE INSURANCE PLACE, ERIE, PA, 16530
- Plan Type: 401(k)
- Total Participants: 6,803
- Total Assets: $1.4B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 6,803 | $1.4B | $21.0M | $49.6M |
| 2023 | 6,484 | $1.2B | $18.4M | $43.8M |
| 2022 | 5,972 | $980.1M | $16.7M | $40.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $305,592 | — | $305,592 |
| MCGILL, POWER, BELL & ASSOCIATES, L | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $305,592
- Estimated Expense Ratio: 0.023% 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 | $302,915 | — | $4,200 | — | — |
| 2023 | $288,937 | — | $3,300 | — | — |
| 2022 | $314,598 | — | — | — | — |