Plan Snapshot
- Plan Sponsor: Folium, INC.
- Sponsor EIN: 232205138
- Sponsor Address: 7564 BROWNS MILL ROAD, CHAMBERSBURG, PA, 17202
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 396
- Total Assets: $12.9M
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 | 396 | $12.9M | $807,925 | $714,684 |
| 2023 | 376 | $10.4M | $709,949 | $639,896 |
| 2022 | 343 | $8.4M | $638,728 | $649,502 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | Recordkeeper | $61,897 | — | $61,897 |
| SMITH ELLIOTT KEARNS & COMPANY, LLC | Auditor | $33,567 | — | $33,567 |
| CAMBRIDGE INVESTMENT RESEARCH INC. | Investment Advisor | — | $31,422 | $31,422 |
| EMPOWER ADVISORY GROUP,LLC | Investment Advisor | $10,826 | — | $10,826 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH ELLIOTT KEARNS & COMPANY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $137,712
- Estimated Expense Ratio: 1.067% 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 | $91,949 | — | $74,335 | — | — |
| 2023 | $61,998 | — | $55,698 | — | — |
| 2022 | $55,162 | — | $45,962 | — | $9,200 |