Plan Snapshot
- Plan Sponsor: Nardone Brothers Baking Company, INC.
- Sponsor EIN: 232629582
- Sponsor Address: 420 NEW COMMERCE BOULEVARD, HANOVER TOWNSHIP, PA, 18706
- Plan Type: 401(k)
- Total Participants: 355
- Total Assets: $5.9M
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 | 355 | $5.9M | $445,614 | $961,236 |
| 2023 | 343 | $4.5M | $387,462 | $845,934 |
| 2022 | 292 | $3.0M | $362,544 | $737,555 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $54,699 | — | $54,699 |
| VALLEY FORGE INVESTMENT CONSULTANTS | INVESTMENT ADVISORY | — | $26,930 | $26,930 |
| VALLEY FORGE PENSION MANAGEMENT, IN | CONTRACT ADMINISTRATOR | $3,942 | $2,532 | $6,474 |
| KRONICK KALADA BERDY & CO., P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KRONICK KALADA BERDY & CO., P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,103
- Estimated Expense Ratio: 1.487% 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 | $58,641 | — | $58,641 | — | — |
| 2023 | $46,532 | — | $45,063 | — | — |
| 2022 | $28,586 | — | $25,636 | — | — |