Plan Snapshot
- Plan Sponsor: Pico Electronics, INC.
- Sponsor EIN: 132589935
- Sponsor Address: 143 SPARKS AVENUE, PELHAM, NY, 108031837
- Plan Type: 401(k)
- Total Participants: 214
- Total Assets: $18.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 214 | $18.1M | $513,977 | $241,054 |
| 2023 | 198 | $16.9M | $491,656 | $154,669 |
| 2022 | 203 | $15.0M | $479,731 | $123,980 |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES | NONE | $35,587 | — | $35,587 |
| FIDELITY INVESTMENTS INSTITUTIONALO | NONE | $14,861 | — | $14,861 |
| PKF O'CONNOR DAVIES, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES — NONE
- FIDELITY INVESTMENTS INSTITUTIONALO — NONE
- PKF O'CONNOR DAVIES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,448
- Estimated Expense Ratio: 0.279% 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 | $50,435 | $35,466 | — | — | — |
| 2023 | $91,320 | $91,320 | — | — | — |
| 2022 | $168,068 | $168,045 | — | — | — |