Plan Snapshot
- Plan Sponsor: Peri Formwork Systems, INC.
- Sponsor EIN: 942867244
- Sponsor Address: 7135 DORSEY RUN ROAD, ELKRIDGE, MD, 21075
- Plan Type: 401(k)
- Total Participants: 398
- Total Assets: $49.6M
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 | 398 | $49.6M | $1.2M | $2.7M |
| 2023 | 386 | $43.0M | $1.1M | $2.6M |
| 2022 | 378 | $35.9M | $1.1M | $2.7M |
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 |
|---|---|---|---|---|
| MACROVIEW INVESTMENT MANAGEMENT LL | Investment Advisor | $54,660 | — | $54,660 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $11,646 | — | $11,646 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $10,624 | — | $10,624 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — Investment Advisor
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,930
- Estimated Expense Ratio: 0.155% 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 | $76,930 | $66,306 | — | — | — |
| 2023 | $49,367 | $54,780 | — | — | — |
| 2022 | $60,287 | $9,753 | — | — | — |