Plan Snapshot
- Plan Sponsor: Erie Materials, INC.
- Sponsor EIN: 150528388
- Sponsor Address: P.O. BOX 476, SYRACUSE, NY, 13211
- Plan Type: DC
- Total Participants: 389
- Total Assets: $87.7M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 389 | $87.7M | $2.8M | $2.6M |
| 2023 | 369 | $81.9M | $2.4M | $2.5M |
| 2022 | 361 | $68.5M | $2.7M | $2.3M |
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 |
|---|---|---|---|---|
| WILMINGTON TRUST FEE COLLECTIONS | BROKER | $81,151 | — | $81,151 |
| FIRLEY MORAN FREER AND EASSA, CPA, | ACCOUNTANT/AUDITOR | $16,000 | — | $16,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $13,294 | — | $13,294 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $110,445
- Estimated Expense Ratio: 0.126% 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 | -$13,144 | $13,294 | — | $16,000 | — |
| 2023 | $94 | $8,602 | — | $15,000 | — |
| 2022 | $6,972 | $6,972 | — | — | — |