Plan Snapshot
- Plan Sponsor: Restek Corporation
- Sponsor EIN: 251497733
- Sponsor Address: 110 BENNER CIRCLE, BELLEFONTE, PA, 168238433
- Plan Type: 401(k)
- Total Participants: 427
- Total Assets: $232.0M
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 | 427 | $232.0M | $518,692 | $3.5M |
| 2023 | 441 | $215.9M | $518,692 | $3.2M |
| 2022 | 453 | $208.2M | $1.9M | $3.2M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $128,523 | — | $128,523 |
| MORGAN STANLEY GLOBAL BANKING OPERA | INV ADV, PARTICIPANTS | $1,345 | $52,689 | $54,034 |
| LOUIS PLUNG & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL BANKING OPERA — INV ADV, PARTICIPANTS
- LOUIS PLUNG & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $182,557
- Estimated Expense Ratio: 0.079% 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 | $129,928 | $1,345 | $128,523 | — | — |
| 2023 | $111,828 | — | $111,678 | — | — |
| 2022 | $136,209 | $120 | $136,089 | — | — |