# Panel Processing, INC. DC Plan
Source: https://planprovider.pro/companies/panel-processing-inc-plan-002

> Panel Processing, INC.'s DC plan: 148 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Panel Processing, INC.

- **Sponsor EIN:** 381946344

- **Sponsor Address:** 1030 DEVERE DRIVE, ALPENA, MI, 49707

- **Plan Type:** DC

- **Total Participants:** 148

- **Total Assets:** $9.5M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|148|$9.5M|$700,000|$0|

| 2023|159|$12.9M|$800,000|$0|

| 2022|159|$14.9M|$1.0M|$0|

## 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|

| STRALEY LAMP & KRAENZLEIN|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|—|—|—|—|—|

| 2023|$3,034|—|—|—|—|

| 2022|—|—|—|—|—|

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