Plan Snapshot
- Plan Sponsor: Office Basics, INC.
- Sponsor EIN: 232474862
- Sponsor Address: 22 CREEK CIRCLE, BOOTHWYN, PA, 19061
- Plan Type: 401(k)
- Total Participants: 136
- Total Assets: $13.9M
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 | 136 | $13.9M | $155,514 | $504,411 |
| 2023 | 133 | $11.6M | $146,116 | $511,354 |
| 2022 | 132 | $10.2M | $148,510 | $505,041 |
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 |
|---|---|---|---|---|
| KREISCHER MILLER | Auditor | $3,724 | — | $3,724 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KREISCHER MILLER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,724
- Estimated Expense Ratio: 0.027% 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 | $44,858 | $25,452 | $15,682 | $3,724 | — |
| 2023 | $42,802 | $20,355 | $15,462 | $6,985 | — |
| 2022 | $38,499 | $23,165 | $15,334 | — | — |