Plan Snapshot
- Plan Sponsor: Production Industrial Tech Textile Production Industria
- Sponsor EIN: 112691482
- Sponsor Address: 400 COLUMBUS AVENUE, VALHALLA, NY, 10595
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 310
- Total Assets: $843,419
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 | 310 | $843,419 | $5.9M | $0 |
| 2023 | 300 | $629,525 | $5.3M | $0 |
| 2022 | 320 | $508,916 | $5.3M | $0 |
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 |
|---|---|---|---|---|
| MICHAEL PAGAN | Other Service Provider | $282,750 | — | $282,750 |
| ERBA CONSULTING GROUP | Other Service Provider | $72,000 | — | $72,000 |
| NICOLE CASSON | Other Service Provider | $65,450 | — | $65,450 |
| ROTHMAN ROCCO LARUFFA LLP | Other Service Provider | $18,150 | — | $18,150 |
| CASTIGLIA LLP | Other Service Provider | $16,000 | — | $16,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $454,350
- Estimated Expense Ratio: 53.870% 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 | $568,349 | — | — | $16,000 | — |
| 2023 | $562,966 | — | — | $16,000 | — |
| 2022 | $572,726 | — | — | — | $45,365 |