Plan Snapshot
- Plan Sponsor: Personal Computers, INC.
- Sponsor EIN: 161166836
- Sponsor Address: ONE SENECA TOWER, BUFFALO, NY, 14203
- Plan Type: DC
- Total Participants: 47
- Total Assets: $18.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 47 | $18.5M | $0 | $310,255 |
| 2023 | 82 | $22.2M | $400,000 | $465,381 |
| 2022 | 82 | $31.0M | $500,000 | $475,265 |
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 |
|---|---|---|---|---|
| NOTE ADVISORS, LLC | INVESTMENT ADVISOR | $50,000 | — | $50,000 |
| EMPOWER LIFE AND ANNUITY INS CO | RECORDKEEPER | $43,977 | — | $43,977 |
| PPS PENSION & FINANCIAL SVS, INC. | THIRD PARTY ADMINISTRATOR | $5,613 | $12,238 | $17,851 |
| LUMSDEN & MCCORMICK, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LUMSDEN & MCCORMICK, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,828
- Estimated Expense Ratio: 0.604% 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 | $50,465 | $50,465 | — | — | — |
| 2023 | $60,126 | $60,126 | — | — | — |
| 2022 | $120,891 | $120,891 | — | — | — |