Plan Snapshot
- Plan Sponsor: Jpw Riggers, INC.
- Sponsor EIN: 161253182
- Sponsor Address: 6376 THOMPSON ROAD, SYRACUSE, NY, 13206
- Plan Type: 401(k)
- Total Participants: 105
- Total Assets: $10.5M
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 | 105 | $10.5M | $161,994 | $607,433 |
| 2023 | 85 | $9.4M | $141,060 | $501,355 |
| 2022 | 90 | $8.4M | $128,773 | $535,684 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $51,010 | — | $51,010 |
| TBS AGENCY, INC. | BROKER DEALER | — | $19,264 | $19,264 |
| HD VEST ADVISORY SERVICES | SERVICE PROVIDER | $7,000 | — | $7,000 |
| DANNIBLE & MCKEE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HD VEST ADVISORY SERVICES — SERVICE PROVIDER
- DANNIBLE & MCKEE, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,274
- Estimated Expense Ratio: 0.733% 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 | $58,010 | $7,000 | $50,610 | — | — |
| 2023 | $55,596 | $7,000 | $43,796 | — | — |
| 2022 | $55,372 | — | — | — | — |