Plan Snapshot
- Plan Sponsor: Par Technology Corporation
- Sponsor EIN: 161434688
- Sponsor Address: 8383 SENECA TURNPIKE, NEW HARTFORD, NY, 134134957
- Plan Type: 401(k)
- Total Participants: 888
- Total Assets: $109.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 888 | $109.4M | $2.3M | $8.3M |
| 2023 | 1,191 | $114.0M | $2.6M | $8.7M |
| 2022 | 1,268 | $90.7M | $2.4M | $8.1M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $158,664 | — | $158,664 |
| UBS FINANCIAL SERVICES INC. | NONE | $54,647 | — | $54,647 |
| FUSTCHARLES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- UBS FINANCIAL SERVICES INC. — NONE
- FUSTCHARLES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $213,311
- Estimated Expense Ratio: 0.195% 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 | $213,311 | $64,906 | — | — | — |
| 2023 | $205,289 | $59,769 | — | — | — |
| 2022 | $222,544 | $52,014 | — | — | $17,000 |