Plan Snapshot
- Plan Sponsor: Marquette Savings Bank
- Sponsor EIN: 250640196
- Sponsor Address: 920 PEACH ST, ERIE, PA, 16501
- Plan Type: 401(k)
- Total Participants: 163
- Total Assets: $30.6M
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 | 163 | $30.6M | $1.3M | $868,830 |
| 2023 | 166 | $26.1M | $1.2M | $758,642 |
| 2022 | 156 | $21.2M | $1.0M | $642,681 |
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 & ASSOCIATES 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 | $23,137 | $5,242 | — | — | — |
| 2023 | $19,546 | $3,394 | — | — | — |
| 2022 | $8,003 | $2,713 | — | — | — |