Plan Snapshot
- Plan Sponsor: Godshall'S Quality Meats, INC.
- Sponsor EIN: 232267598
- Sponsor Address: 743 HAGEY CENTER DRIVE, SOUDERTON, PA, 18964
- Plan Type: 401(k)
- Total Participants: 368
- Total Assets: $29.1M
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 | 368 | $29.1M | $1.4M | $1.3M |
| 2023 | 347 | $25.3M | $1.1M | $1.4M |
| 2022 | 356 | $21.0M | $992,706 | $1.2M |
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 | $60,546 | — | $60,546 |
| IVC WEALTH ADVISORS LLC | INVESTMENT ADVISORY | — | $29,212 | $29,212 |
| DUNLAPSLK, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,758
- Estimated Expense Ratio: 0.308% 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 | $130,251 | — | $130,251 | — | — |
| 2023 | $107,398 | $68,281 | — | — | — |
| 2022 | $103,199 | $66,950 | $36,249 | — | — |