Plan Snapshot
- Plan Sponsor: Plasser American Corporation
- Sponsor EIN: 362444975
- Sponsor Address: 2428 JOSEF THEURER LANE PO BOX 5464, CHESAPEAKE, VA, 23324
- Plan Type: 401(k)
- Total Participants: 316
- Total Assets: $41.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 316 | $41.2M | $691,947 | $1.8M |
| 2023 | 352 | $40.3M | $759,162 | $2.0M |
| 2022 | 337 | $36.4M | $592,425 | $1.6M |
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 |
|---|---|---|---|---|
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $12,081 | — | — | — | — |
| 2023 | $71,985 | $59,006 | $12,979 | — | — |
| 2022 | $74,363 | $62,391 | $11,247 | — | — |