Plan Snapshot
- Plan Sponsor: Plamondon Enterprises, INC.
- Sponsor EIN: 521170787
- Sponsor Address: 7490 NEW TECHNOLOGY WAY, SUITE A, FREDERICK, MD, 21703
- Plan Type: 401(k)
- Total Participants: 436
- Total Assets: $6.1M
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 | 436 | $6.1M | $128,253 | $484,627 |
| 2023 | 411 | $5.8M | $124,835 | $467,405 |
| 2022 | 392 | $5.1M | $127,317 | $463,200 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $29,465 | — | $29,465 |
| KESTRA ADVISORY SERVICES | Investment Advisor | $14,954 | — | $14,954 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
- KESTRA ADVISORY SERVICES — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,419
- Estimated Expense Ratio: 0.732% 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 | $44,420 | $14,954 | — | — | — |
| 2023 | $46,449 | $12,691 | — | — | — |
| 2022 | $45,629 | — | — | — | — |