Plan Snapshot
- Plan Sponsor: Paris Cleaners, INC.
- Sponsor EIN: 251152501
- Sponsor Address: PO BOX 1043, DUBOIS, PA, 15801
- Plan Type: 401(k)
- Total Participants: 8
- Total Assets: $9.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 8 | $9.4M | $33,039 | $144,109 |
| 2023 | 106 | $11.9M | $53,201 | $240,550 |
| 2022 | 112 | $11.4M | $45,550 | $241,709 |
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 |
|---|---|---|---|---|
| CLYDE, FERRARO & CO., 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 | $4,097 | $23 | — | — | — |
| 2023 | $7,286 | $1 | $1,200 | — | — |
| 2022 | $7,690 | — | — | — | — |