Plan Snapshot
- Plan Sponsor: Liberty Truck Center INC
- Sponsor EIN: 232581761
- Sponsor Address: 2227 SCRANTON CARBONDALE HIGHWAY, SCRANTON, PA, 18508
- Plan Type: 401(k)
- Total Participants: 574
- Total Assets: $7.4M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 574 | $7.4M | $372,241 | $677,677 |
| 2023 | 510 | $6.0M | $321,178 | $589,516 |
| 2022 | 473 | $4.5M | $186,611 | $350,126 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $43,069 | — | $43,069 |
| STRATEGIC PLAN SERVICES | INVESTMENT/FINANCIAL ADVI | $6,179 | — | $6,179 |
| ROBERT ROSSI & CO. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- ROBERT ROSSI & CO. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,248
- Estimated Expense Ratio: 0.664% 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 | $49,249 | $42,159 | — | — | — |
| 2023 | $39,828 | $2,559 | — | — | — |
| 2022 | $19,610 | — | — | — | — |