Plan Snapshot
- Plan Sponsor: Panichi Holding Corp. D/B/A Royal Carting Service Co.
- Sponsor EIN: 141777670
- Sponsor Address: PO BOX 1209, HOPEWELL JUNCTION, NY, 125331209
- Plan Type: 401(k)
- Total Participants: 94
- Total Assets: $7.5M
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 | 94 | $7.5M | $0 | $770,131 |
| 2023 | 167 | $27.7M | $684,391 | $960,180 |
| 2022 | 169 | $24.0M | $687,645 | $924,402 |
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 |
|---|---|---|---|---|
| PRAGERMETIS CPA'S LLC | 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 | $20,040 | — | $20,040 | — | — |
| 2023 | $4,010 | — | $4,010 | — | — |
| 2022 | $2,810 | — | $2,810 | — | — |