Plan Snapshot
- Plan Sponsor: Petrosoft LLC
- Sponsor EIN: 273851973
- Sponsor Address: 290 BILMAR DR, PITTSBURGH, PA, 152054601
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 106
- Total Assets: $3.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 106 | $3.0M | $0 | $0 |
| 2024 | 47 | $2.3M | $116,905 | $223,488 |
| 2023 | 50 | $1.9M | $106,869 | $212,777 |
| 2022 | 47 | $1.4M | $98,517 | $196,280 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | Recordkeeper | $10,287 | — | $10,287 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,287
- Estimated Expense Ratio: 0.345% 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 | $124,603 | — | — | — | — |
| 2024 | $196,804 | — | — | — | — |
| 2023 | $106,357 | — | — | — | — |
| 2022 | $73,219 | — | — | — | — |