Plan Snapshot
- Plan Sponsor: Pantropic Power INC.
- Sponsor EIN: 592749643
- Sponsor Address: 8255 NW 58 STREET, DORAL, FL, 33166
- Plan Type: 401(k)
- Total Participants: 133
- Total Assets: $15.3M
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 | 133 | $15.3M | $292,337 | $451,373 |
| 2023 | 107 | $12.9M | $202,140 | $439,609 |
| 2022 | 113 | $10.8M | $221,157 | $407,618 |
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 |
|---|---|---|---|---|
| CHERRY BERKAERT, LLP | 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 | $38,471 | — | $38,471 | — | — |
| 2023 | $44,588 | — | $44,588 | — | — |
| 2022 | $39,130 | — | — | — | — |