Plan Snapshot
- Plan Sponsor: Paula Teacher & Associates, INC.
- Sponsor EIN: 251662907
- Sponsor Address: 6149 SALTSBURG ROAD, SUITE 4, VERONA, PA, 15147
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 73
- Total Assets: $1.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 73 | $1.6M | $350,000 | $0 |
| 2023 | 72 | $1.2M | $368,300 | $0 |
| 2022 | 105 | $763,928 | $320,000 | $0 |
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 |
|---|---|---|---|---|
| LINCOLN FINANCIAL ADVS | Investment Advisor | $16,036 | — | $16,036 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,036
- Estimated Expense Ratio: 1.005% 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 | $52,498 | — | — | — | — |
| 2023 | $7,382 | $7,379 | — | — | — |
| 2022 | $5,081 | — | — | — | $5,081 |