Plan Snapshot
- Plan Sponsor: Messick Farm Equipment, INC.
- Sponsor EIN: 231856055
- Sponsor Address: 1475 STRICKLER ROAD, MOUNT JOY, PA, 17552
- Plan Type: 401(k)
- Total Participants: 274
- Total Assets: $22.1M
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 | 274 | $22.1M | $180,998 | $1.2M |
| 2023 | 227 | $18.5M | $167,531 | $1.1M |
| 2022 | 198 | $15.3M | $158,585 | $1.1M |
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 |
|---|---|---|---|---|
| THE HESS AGENCY INC | OTHER SERVICES | — | $9,573 | $9,573 |
| CETERA INVESTMENT ADVISERS LLC | INVESTMENT ADVISORY | — | $7,404 | $7,404 |
| SIMON LEVER LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIMON LEVER LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,977
- Estimated Expense Ratio: 0.077% 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 | $2,410 | — | $2,410 | — | — |
| 2023 | $1,342 | — | $1,342 | — | — |
| 2022 | $8,088 | — | $8,088 | — | — |