Plan Snapshot
- Plan Sponsor: Pawling Corporation
- Sponsor EIN: 141277239
- Sponsor Address: 32 NELSON HILL RD, WASSAIC, NY, 125922121
- Plan Type: 401(k)
- Total Participants: 79
- Total Assets: $12.2M
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 | 79 | $12.2M | $120,168 | $410,277 |
| 2023 | 77 | $10.5M | $108,387 | $377,024 |
| 2022 | 77 | $9.0M | $102,046 | $345,478 |
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 |
|---|---|---|---|---|
| EXCEL WEALTH MANAGEMENT, LLC | Investment Advisor | $23,314 | — | $23,314 |
| PAYCHEX, INC. | Recordkeeper | $16,095 | — | $16,095 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,409
- Estimated Expense Ratio: 0.322% 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 | $42,349 | $25,127 | $16,362 | — | — |
| 2023 | $38,059 | $19,067 | $18,132 | — | — |
| 2022 | $31,567 | $19,514 | $12,053 | — | — |