Plan Snapshot
- Plan Sponsor: Finch Paper, LLC
- Sponsor EIN: 260186669
- Sponsor Address: 1 GLEN STREET, GLENS FALLS, NY, 128014439
- Plan Type: DB
- Total Participants: 34
- Total Assets: $16.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 34 | $16.5M | $814,580 | $0 |
| 2023 | 36 | $16.5M | $449,360 | $0 |
| 2022 | 39 | $16.7M | $302,506 | $0 |
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 | $10,750 | — | $10,750 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,750
- Estimated Expense Ratio: 0.065% 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 | $297,747 | $27,083 | $13,625 | $10,750 | — |
| 2023 | $302,288 | $25,000 | $13,531 | $10,750 | — |
| 2022 | $298,804 | $28,333 | $15,351 | — | $61,668 |