Plan Snapshot
- Plan Sponsor: Julius Silvert, INC.
- Sponsor EIN: 231626373
- Sponsor Address: 231 E. LUZERNE STREET, PHILADELPHIA, PA, 19124
- Plan Type: 401(k)
- Total Participants: 147
- Total Assets: $4.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 147 | $4.3M | $171,447 | $394,660 |
| 2023 | 167 | $3.8M | $132,819 | $337,403 |
| 2022 | 149 | $3.0M | $65,237 | $238,872 |
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 |
|---|---|---|---|---|
| LOCKE & WELSH, P.C. | 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 | $703,484 | — | $744 | — | — |
| 2023 | $397,005 | — | $644 | — | — |
| 2022 | $306 | — | — | — | — |