Plan Snapshot
- Plan Sponsor: Peoplesbank
- Sponsor EIN: 230962030
- Sponsor Address: 105 LEADER HEIGHTS ROAD, YORK, PA, 17403
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 0 | $0 | $418,192 | $950,555 |
| 2023 | 321 | $31.1M | $818,956 | $1.8M |
| 2022 | 318 | $26.2M | $768,798 | $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 |
|---|---|---|---|---|
| CONRAD SIEGEL ACTUARIES | NONE | $23,568 | — | $23,568 |
| MORNINGSTAR INVESTMENT MANAGEMENT | SERVICE PROVIDER | — | $9,150 | $9,150 |
| MORNINGSTAR INVESTMENT MANAGEMENT | SERVICE PROVIDER | $5,634 | — | $5,634 |
| VOYA RETIREMENT INS AND ANNUITY CO | SERVICE PROVIDER | $5,634 | — | $5,634 |
| RKL LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORNINGSTAR INVESTMENT MANAGEMENT — SERVICE PROVIDER
- RKL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,986
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 | $36,740 | $11,552 | $7,950 | — | — |
| 2023 | $21,265 | $5,634 | $3,847 | — | — |
| 2022 | $15,128 | $5,653 | $3,000 | — | $6,475 |