Plan Snapshot
- Plan Sponsor: Knox Mclaughlin Gornall & Sennett, P.C.
- Sponsor EIN: 251215503
- Sponsor Address: 120 WEST TENTH STREET, ERIE, PA, 165011461
- Plan Type: 401(k)
- Total Participants: 87
- Total Assets: $41.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 87 | $41.9M | $886,616 | $548,981 |
| 2023 | 86 | $35.8M | $807,039 | $528,146 |
| 2022 | 123 | $30.2M | $844,994 | $439,815 |
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 |
|---|---|---|---|---|
| MCGILL, POWER,BELL& ASSSOCIATES,LLP | 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 | $92,500 | $74,445 | — | — | — |
| 2023 | $62,081 | $48,644 | — | — | — |
| 2022 | — | — | — | — | — |