Plan Snapshot
- Plan Sponsor: Ppl Services Corporation
- Sponsor EIN: 233041441
- Sponsor Address: 645 HAMILTON STREET, SUITE 601, ALLENTOWN, PA, 18101
- Plan Type: Health & Welfare
- Plan Number: 521
- Total Participants: 2,530
- Total Assets: $82.2M
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 | 2,530 | $82.2M | $56,626 | $1.4M |
| 2023 | 0 | $96.8M | $70,083 | $1.5M |
| 2022 | 2,574 | $91.6M | $0 | $2.6M |
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 |
|---|---|---|---|---|
| ALIGHT HOLDING COMPANY LLC | Recordkeeper | $166,008 | — | $166,008 |
| MELLON INVESTMENTS | Other Service Provider | $62,518 | — | $62,518 |
| AON CONSULTING INC | Recordkeeper | $14,822 | — | $14,822 |
| BAKER TILLY US, LLP | Auditor | $13,277 | — | $13,277 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $9,907 | — | $9,907 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT HOLDING COMPANY LLC — Recordkeeper
- AON CONSULTING INC — Recordkeeper
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $266,532
- Estimated Expense Ratio: 0.324% 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 | $2,327,121 | $37,530 | $2,264,004 | $15,677 | — |
| 2023 | $2,020,283 | $60,351 | $1,939,565 | $13,350 | — |
| 2022 | $1,752,571 | $88,739 | — | — | $12,845 |