Plan Snapshot
- Plan Sponsor: Ppl Services Corporation
- Sponsor EIN: 233041441
- Sponsor Address: 645 HAMILTON STREET, SUITE 601, ALLENTOWN, PA, 181011139
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 6,030
- Total Assets: $19.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 6,030 | $19.4M | $69.1M | $22.4M |
| 2023 | 2,753 | $17.8M | $25.4M | $8.5M |
| 2022 | 2,205 | $25.3M | $17.6M | $7.9M |
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 |
|---|---|---|---|---|
| NEWTON INVESTMENT MANAGEMENT | Other Service Provider | $30,698 | — | $30,698 |
| MELLON INVESTMENTS | Custodian / Trustee | $5,053 | — | $5,053 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,751
- Estimated Expense Ratio: 0.185% 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 | $5,450,988 | — | $5,450,988 | — | — |
| 2023 | $1,325,557 | — | $1,325,557 | — | — |
| 2022 | $1,601,969 | — | $1,601,969 | — | — |