Plan Snapshot
- Plan Sponsor: Polymedco, INC.
- Sponsor EIN: 133045754
- Sponsor Address: 510 FURNACE DOCK ROAD, CORTLANDT MANOR, NY, 10567
- Plan Type: 401(k)
- Plan Number: 004
- Total Participants: 147
- Total Assets: $17.2M
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. |
|---|---|---|---|---|
| 2025 | 147 | $17.2M | $0 | $0 |
| 2024 | 99 | $16.3M | $477,780 | $1.1M |
| 2023 | 93 | $15.7M | $388,386 | $927,952 |
| 2022 | 73 | $12.1M | $158,973 | $643,294 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $26,975 | $5,628 | $32,603 |
| ADP, INC. | Recordkeeper | $18,574 | — | $18,574 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,177
- Estimated Expense Ratio: 0.298% 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 | $3,553,300 | $26,975 | — | — | — |
| 2024 | $41,603 | $25,101 | — | — | — |
| 2023 | $38,066 | $21,886 | — | — | — |
| 2022 | $40,951 | — | — | — | — |