Plan Snapshot
- Plan Sponsor: Port Erie Plastics, INC.
- Sponsor EIN: 251032274
- Sponsor Address: 909 TROUPE ROAD, HARBORCREEK, PA, 16421
- Plan Type: 401(k)
- Total Participants: 338
- Total Assets: $18.0M
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 | 338 | $18.0M | $336,895 | $870,973 |
| 2023 | 327 | $16.2M | $254,142 | $761,802 |
| 2022 | 322 | $16.2M | $266,686 | $700,620 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $36,752 | — | $36,752 |
| OSAIC INSTITUTIONS, INC | BROKER/ADVISO R | — | $21,461 | $21,461 |
| METRO BENEFITS, INC. | CONTRACT ADMIN | $6,930 | — | $6,930 |
| SKM | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,143
- Estimated Expense Ratio: 0.362% 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 | $53,653 | — | $53,653 | — | — |
| 2023 | $41,959 | — | $41,959 | — | — |
| 2022 | $51,908 | — | $51,908 | — | — |