Plan Snapshot
- Plan Sponsor: Independent Professional Services, INC.
- Sponsor EIN: 223551387
- Sponsor Address: 3921 ROUTE 202, DOYLESTOWN, PA, 18901
- Plan Type: 401(k)
- Total Participants: 76
- Total Assets: $63.6M
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 | 76 | $63.6M | $632,395 | $751,045 |
| 2023 | 81 | $53.4M | $759,129 | $879,767 |
| 2022 | 76 | $42.7M | $840,150 | $933,829 |
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 |
|---|---|---|---|---|
| DUNLAPSLK, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $92,090 | $1,081 | — | — | — |
| 2023 | $60,489 | $2,630 | $19,085 | $13,000 | — |
| 2022 | $53,319 | $29,204 | — | — | $11,900 |