Plan Snapshot
- Plan Sponsor: P&F Industries, INC.
- Sponsor EIN: 221657413
- Sponsor Address: 25 LEONBERG RD, CRANBERRY TWP, PA, 16066
- Plan Type: 401(k)
- Total Participants: 135
- Total Assets: $16.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 135 | $16.9M | $249,410 | $674,123 |
| 2023 | 167 | $16.5M | $283,373 | $808,476 |
| 2022 | 169 | $15.6M | $260,847 | $744,949 |
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 |
|---|---|---|---|---|
| COHN REZNICK LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COHN REZNICK LLP — Auditor
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 | $72,241 | $30,228 | — | — | — |
| 2023 | $117,135 | $29,141 | — | $40,290 | — |
| 2022 | $75,830 | $40,273 | — | — | $35,537 |