Plan Snapshot
- Plan Sponsor: Farmers Pride INC.
- Sponsor EIN: 231475918
- Sponsor Address: P.O. BOX 39, FREDERICKSBURG, PA, 17026
- Plan Type: 401(k)
- Total Participants: 2,328
- Total Assets: $35.9M
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 | 2,328 | $35.9M | $3.4M | $5.9M |
| 2023 | 1,551 | $26.0M | $1.3M | $2.9M |
| 2022 | 1,065 | $20.0M | $842,357 | $2.6M |
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 |
|---|---|---|---|---|
| COMMONWEALTH FINANCIAL NETWORK | ADVISOR | $66,016 | — | $66,016 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $43,649 | — | $43,649 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $6,233 | — | $6,233 |
| RKL LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH FINANCIAL NETWORK — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- RKL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $115,898
- Estimated Expense Ratio: 0.323% 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 | $115,899 | $72,250 | — | — | — |
| 2023 | $45,192 | $11,913 | — | — | — |
| 2022 | $42,369 | $7,244 | — | — | — |