Plan Snapshot
- Plan Sponsor: Pathfinder Bank
- Sponsor EIN: 150408130
- Sponsor Address: 214 WEST FIRST STREET, OSWEGO, NY, 13126
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 299
- Total Assets: $21.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 299 | $21.2M | $0 | $0 |
| 2024 | 271 | $20.5M | $886,244 | $1.1M |
| 2023 | 192 | $20.4M | $816,840 | $1.0M |
| 2022 | 159 | $18.4M | $769,933 | $1.1M |
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 |
|---|---|---|---|---|
| PERIGON WEALTH MANAGEMENT, LLC | Investment Advisor | $45,336 | — | $45,336 |
| EMPOWER LIFE & ANNUITY | Recordkeeper | $13,057 | — | $13,057 |
| BENEFIT PLANS ADMINSTRATIVE SERVICE | Other Service Provider | $10,778 | — | $10,778 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,171
- Estimated Expense Ratio: 0.326% 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 |
|---|---|---|---|---|---|
| 2025 | $3,776,059 | $56,198 | $6,349 | — | — |
| 2024 | $59,096 | $52,962 | — | — | — |
| 2023 | $59,380 | $53,245 | — | — | — |
| 2022 | — | — | — | — | — |