Plan Snapshot
- Plan Sponsor: Ppl Services Corporation
- Sponsor EIN: 233041441
- Sponsor Address: 645 HAMILTON STREET, SUITE 900, ALLENTOWN, PA, 18101
- Plan Type: DB
- Total Participants: 944
- Total Assets: $1.5B
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 | 944 | $1.5B | $0 | $42,818 |
| 2023 | 1,035 | $1.6B | $0 | $52,218 |
| 2022 | 1,118 | $1.6B | $0 | $51,217 |
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 |
|---|---|---|---|---|
| FIDELITY | NONE | $358,144 | — | $358,144 |
| TOWERS WATSON | NONE | $86,982 | — | $86,982 |
| BAKER TILLY US, LLP | NONE | $17,260 | — | $17,260 |
| K AND L GATES, LLP | NONE | $15,065 | — | $15,065 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $477,451
- Estimated Expense Ratio: 0.033% 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 | $4,175,420 | $75 | $356,749 | $17,660 | — |
| 2023 | $5,376,236 | $57 | $392,819 | $17,700 | — |
| 2022 | $1,039,945 | $58 | $350,525 | — | $104,690 |