Plan Snapshot
- Plan Sponsor: Penn Community Bank
- Sponsor EIN: 231330248
- Sponsor Address: 219 S. 9TH STREET, PERKASIE, PA, 18944
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 400
- Total Assets: $48.5M
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. |
|---|---|---|---|---|
| 2025 | 400 | $48.5M | $0 | $0 |
| 2024 | 299 | $43.5M | $1.5M | $2.1M |
| 2023 | 297 | $36.3M | $1.4M | $2.0M |
| 2022 | 285 | $33.4M | $1.4M | $1.9M |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | Other Service Provider | $47,418 | — | $47,418 |
| GLOBAL RETIREMENT PARTNERS | Other Service Provider | $40,724 | — | $40,724 |
| MAILLIE LLP | Other Service Provider | $23,225 | — | $23,225 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,367
- Estimated Expense Ratio: 0.229% 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 | $5,001,530 | $40,724 | $89,468 | $23,225 | — |
| 2024 | $145,499 | $72,238 | $7,402 | $16,939 | — |
| 2023 | $127,969 | $69,166 | $24,532 | $5,500 | — |
| 2022 | $144,635 | $98,241 | $46,394 | — | — |