Plan Snapshot
- Plan Sponsor: Reading Bakery Systems
- Sponsor EIN: 231307640
- Sponsor Address: 380 OLD WEST PENN AVENUE, ROBESONIA, PA, 19551
- Plan Type: 401(k)
- Total Participants: 250
- Total Assets: $31.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 250 | $31.9M | $858,814 | $2.0M |
| 2023 | 231 | $27.8M | $782,435 | $1.7M |
| 2022 | 214 | $22.7M | $739,876 | $1.6M |
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 |
|---|---|---|---|---|
| YOUNG, OAKES, BROWN & CO., P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $25,719 | $15,294 | $9,575 | — | — |
| 2023 | $22,547 | — | $22,547 | — | — |
| 2022 | $21,570 | — | — | — | $21,570 |