Plan Snapshot
- Plan Sponsor: Fayette Resources, INC.
- Sponsor EIN: 251660280
- Sponsor Address: ONE MILLENNIUM DRIVE, SUITE 2, UNIONTOWN, PA, 15401
- Plan Type: 401(k)
- Total Participants: 623
- Total Assets: $8.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 623 | $8.4M | $666,893 | $787,598 |
| 2023 | 741 | $6.2M | $511,028 | $764,292 |
| 2022 | 747 | $4.2M | $464,455 | $697,313 |
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 |
|---|---|---|---|---|
| MCCLURE & WOLF, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCCLURE & WOLF, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $76,369 | $70,852 | $5,500 | — | — |
| 2023 | $54,853 | $46,278 | $8,450 | — | — |
| 2022 | $38,256 | — | $38,256 | — | — |