Plan Snapshot
- Plan Sponsor: Planes Moving & Storage, INC.
- Sponsor EIN: 310585402
- Sponsor Address: 9823 CINCINNATI-DAYTON ROAD, WEST CHESTER, OH, 45069
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 513
- Total Assets: $35.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 513 | $35.8M | $215,386 | $1.7M |
| 2023 | 570 | $32.2M | $199,382 | $1.6M |
| 2022 | 788 | $28.1M | $184,350 | $1.5M |
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 |
|---|---|---|---|---|
| WELLS FARGO CLEARING SERVICES, LLC | Other Service Provider | — | $40,000 | $40,000 |
| VOYA RETIREMENT ADVISORS, LLC | Other Service Provider | $9,566 | — | $9,566 |
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | $7,442 | $3 | $7,445 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,011
- Estimated Expense Ratio: 0.159% 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 | $17,007 | $9,817 | $5,690 | — | — |
| 2023 | $23,610 | $9,134 | $12,876 | — | — |
| 2022 | $14,453 | — | — | — | — |