Plan Snapshot
- Plan Sponsor: Foster Corporation
- Sponsor EIN: 061261994
- Sponsor Address: 45 RIDGE ROAD, PUTNAM, CT, 06260
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $305
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. |
|---|---|---|---|---|
| 2025 | 0 | $305 | $0 | $0 |
| 2024 | 224 | $20.2M | $473,669 | $1.0M |
| 2023 | 180 | $16.9M | $404,664 | $911,841 |
| 2022 | 173 | $16.4M | $424,188 | $944,913 |
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 |
|---|---|---|---|---|
| OSAIC WEALTH INC | Investment Advisor | — | $14,392 | $14,392 |
| CHIMENTO & WEBB, P.C. | ERISA Attorney | $9,434 | — | $9,434 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,826
- Estimated Expense Ratio: 7811.803% 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 |
|---|---|---|---|---|---|
| 2025 | $20,347,629 | — | — | $27 | — |
| 2024 | $7,068 | — | — | — | — |
| 2023 | $3,395 | — | — | — | — |
| 2022 | -$3,154 | — | — | — | — |