Plan Snapshot
- Plan Sponsor: Polymer Enterprises, INC.
- Sponsor EIN: 250650190
- Sponsor Address: 1600 WASHINGTON STREET, INDIANA, PA, 15701
- Plan Type: 401(k)
- Total Participants: 581
- Total Assets: $68.4M
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 | 581 | $68.4M | $1.6M | $1.4M |
| 2023 | 587 | $61.3M | $1.5M | $1.4M |
| 2022 | 584 | $53.5M | $1.4M | $1.3M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $128,550 | $22 | $128,572 |
| MARINER INSTITUTIONAL LLC | SERVICE PROVIDER | $43,125 | — | $43,125 |
| DELUZIO AND COMPANY, LLP | SERVICE PROVIDER | $6,500 | — | $6,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELUZIO AND COMPANY, LLP — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $178,197
- Estimated Expense Ratio: 0.261% 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 | $178,175 | $49,625 | $122,400 | — | — |
| 2023 | $161,679 | $43,725 | $114,304 | — | — |
| 2022 | $151,742 | — | — | — | — |