Plan Snapshot
- Plan Sponsor: Fidelity Deposit & Discount Bank
- Sponsor EIN: 240578040
- Sponsor Address: 338 NORTH WASHINGTON AVENUE, SCRANTON, PA, 18503
- Plan Type: 401(k)
- Total Participants: 288
- Total Assets: $27.9M
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 | 288 | $27.9M | $1.1M | $1.5M |
| 2023 | 292 | $25.3M | $1.1M | $1.5M |
| 2022 | 280 | $21.9M | $1.1M | $1.4M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | RETAINED BY EMPLOYER | $44,978 | — | $44,978 |
| NORTHSTAR FIDUCIARY PARTNERS, LLC | RETAINED BY EMPLOYER | $10,354 | — | $10,354 |
| KRONICK KALADA BERDY & CO. PC | RETAINED BY EMPLOYER | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RETAINED BY EMPLOYER
- KRONICK KALADA BERDY & CO. PC — RETAINED BY EMPLOYER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,332
- Estimated Expense Ratio: 0.234% 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 | $65,332 | $10,354 | $44,978 | $10,000 | — |
| 2023 | $61,120 | $9,187 | $42,483 | $9,450 | — |
| 2022 | $62,086 | $9,015 | $44,371 | — | $8,700 |