Plan Snapshot
- Plan Sponsor: Powers And Sons, LLC
- Sponsor EIN: 331009205
- Sponsor Address: 1613 MAGDA DRIVE, MONTPELIER, OH, 43543
- Plan Type: 401(k)
- Total Participants: 222
- Total Assets: $16.0M
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 | 222 | $16.0M | $407,135 | $658,275 |
| 2023 | 267 | $18.3M | $506,956 | $801,136 |
| 2022 | 384 | $16.9M | $580,208 | $931,950 |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $56,546 | $12 | $56,558 |
| SHEPHERD FINANCIAL INVESTMENT | NONE | $13,260 | — | $13,260 |
| WILLIAM VAUGHAN COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIAM VAUGHAN COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,818
- Estimated Expense Ratio: 0.436% 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 | $69,806 | $13,260 | $56,546 | — | — |
| 2023 | $72,568 | $13,260 | $59,308 | — | — |
| 2022 | $73,631 | $13,259 | $60,372 | — | — |