Plan Snapshot
- Plan Sponsor: Paul Reed Smith Guitars, LP
- Sponsor EIN: 521385424
- Sponsor Address: 380 LOG CANOE CIRCLE, STEVENSVILLE, MD, 21666
- Plan Type: 401(k)
- Total Participants: 494
- Total Assets: $26.8M
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 | 494 | $26.8M | $632,735 | $2.1M |
| 2023 | 464 | $22.0M | $565,030 | $1.8M |
| 2022 | 429 | $17.6M | $508,079 | $1.7M |
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 |
|---|---|---|---|---|
| UHY LLP | Auditor | $5,250 | — | $5,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UHY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,250
- Estimated Expense Ratio: 0.020% 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 | $62,153 | $1,385 | — | $5,250 | — |
| 2023 | $66,045 | $13,088 | — | — | — |
| 2022 | $55,747 | — | — | — | — |