Plan Snapshot
- Plan Sponsor: Pennco Institutes, INC.
- Sponsor EIN: 231891908
- Sponsor Address: 3815 OTTER STREET, BRISTOL, PA, 19007
- Plan Type: DC
- Total Participants: 184
- Total Assets: $494,351
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 184 | $494,351 | $45,050 | $148,657 |
| 2023 | 166 | $333,807 | $0 | $134,579 |
| 2022 | 153 | $166,804 | $0 | $143,589 |
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 |
|---|---|---|---|---|
| MUTUAL OF AMERICA SEC. CORP LLC | RECORD KEEPER | $5,838 | — | $5,838 |
| ROSALINE MENDOZA, CPA, PA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ROSALINE MENDOZA, CPA, PA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,838
- Estimated Expense Ratio: 1.181% 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 | $10,850 | $213 | — | — | — |
| 2023 | $6,073 | — | — | — | — |
| 2022 | $2,974 | — | — | — | — |