Plan Snapshot
- Plan Sponsor: Ip Services, INC.
- Sponsor EIN: 232922574
- Sponsor Address: 26565 STATE HIGHWAY 99, EDINBORO, PA, 16412
- Plan Type: 401(k)
- Total Participants: 78
- Total Assets: $11.9M
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 | 78 | $11.9M | $204,184 | $371,870 |
| 2023 | 66 | $10.2M | $539,641 | $418,914 |
| 2022 | 123 | $8.4M | $284,399 | $438,649 |
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 |
|---|---|---|---|---|
| HBKS WEALTH ADVISORS | Other Service Provider | $31,068 | — | $31,068 |
| THE VANGUARD GROUP, INC. | Recordkeeper | $13,864 | — | $13,864 |
| CERITY PARTNERS | Other Service Provider | $5,816 | — | $5,816 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,748
- Estimated Expense Ratio: 0.425% 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 | $50,748 | $36,884 | $13,864 | — | — |
| 2023 | $46,136 | $30,974 | $15,162 | — | — |
| 2022 | — | — | — | — | — |