Plan Snapshot
- Plan Sponsor: Frank Martz Coach Company
- Sponsor EIN: 240654440
- Sponsor Address: 239 OLD RIVER ROAD, WILKES-BARRE, PA, 187021616
- Plan Type: 401(k)
- Total Participants: 111
- Total Assets: $6.3M
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 | 111 | $6.3M | $220,693 | $346,651 |
| 2023 | 119 | $5.9M | $219,165 | $347,146 |
| 2022 | 116 | $5.0M | $207,158 | $318,616 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $39,218 | — | $39,218 |
| SNYDER & CLEMENTE | ACCOUNTANT | $13,000 | — | $13,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SNYDER & CLEMENTE — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,218
- Estimated Expense Ratio: 0.830% 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 | $52,777 | $570 | $39,219 | $12,988 | — |
| 2023 | $35,393 | — | $35,393 | — | — |
| 2022 | $38,462 | — | $31,990 | — | $6,472 |