Plan Snapshot
- Plan Sponsor: Mod-Pac Corp.
- Sponsor EIN: 384099339
- Sponsor Address: 1801 ELMWOOD AVE, BUFFALO, NY, 142072463
- Plan Type: 401(k)
- Total Participants: 305
- Total Assets: $32.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 305 | $32.3M | $410,762 | $976,542 |
| 2023 | 354 | $29.4M | $391,684 | $909,728 |
| 2022 | 272 | $26.4M | $350,942 | $827,696 |
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 |
|---|---|---|---|---|
| CTBK LLP | INDEPENDENT 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 | $31,008 | — | $31,008 | — | — |
| 2023 | $21,609 | — | $21,609 | — | — |
| 2022 | $18,494 | — | $18,494 | — | — |