Plan Snapshot
- Plan Sponsor: Finch Paper LLC
- Sponsor EIN: 260186669
- Sponsor Address: 1 GLEN ST, GLENS FALLS, NY, 12801
- Plan Type: 401(k)
- Total Participants: 420
- Total Assets: $28.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 420 | $28.9M | $795,677 | $1.6M |
| 2023 | 398 | $26.7M | $717,558 | $1.4M |
| 2022 | 429 | $24.3M | $776,324 | $1.6M |
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 |
|---|---|---|---|---|
| CMJ, LLP | Auditor | $7,315 | — | $7,315 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,315
- Estimated Expense Ratio: 0.025% 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 | $25,893 | $17,974 | — | $7,315 | — |
| 2023 | $26,078 | $17,643 | — | $10,750 | — |
| 2022 | $23,301 | $15,955 | — | — | — |