Plan Snapshot
- Plan Sponsor: Reliance Savings Bank
- Sponsor EIN: 231012663
- Sponsor Address: 2424 8TH AVE, ALTOONA, PA, 16602
- Plan Type: 401(k)
- Total Participants: 86
- Total Assets: $14.6M
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 | 86 | $14.6M | $330,344 | $489,896 |
| 2023 | 84 | $14.2M | $332,526 | $476,417 |
| 2022 | 84 | $13.8M | $346,240 | $464,032 |
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 OAKS BROWN & COMPANY | 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 | $3,710 | — | $3,710 | — | — |
| 2023 | $3,381 | — | $3,381 | — | — |
| 2022 | $2,439 | — | $2,439 | — | — |