Plan Snapshot
- Plan Sponsor: Pomeroy Technologies LLC
- Sponsor EIN: 850862996
- Sponsor Address: 1050 ELIJAH CREEK RD, HEBRON, KY, 41048
- Plan Type: 401(k)
- Total Participants: 1,286
- Total Assets: $109.3M
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 | 1,286 | $109.3M | $1,010 | $5.9M |
| 2023 | 1,512 | $110.7M | $26,771 | $6.3M |
| 2022 | 1,798 | $103.1M | $16,669 | $6.9M |
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 |
|---|---|---|---|---|
| PLANTE MORAN PLLC | Auditor | $20,000 | — | $20,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,000
- Estimated Expense Ratio: 0.018% 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 | $187,429 | $66,228 | — | $20,000 | — |
| 2023 | $157,780 | $31,228 | — | — | — |
| 2022 | $183,026 | $30,568 | — | — | — |