Plan Snapshot
- Plan Sponsor: Rockland, INC.
- Sponsor EIN: 591097556
- Sponsor Address: 152 WEBER LANE, BEDFORD, PA, 15522
- Plan Type: 401(k)
- Total Participants: 386
- Total Assets: $22.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 386 | $22.7M | $696,665 | $1.5M |
| 2023 | 436 | $20.3M | $605,482 | $1.3M |
| 2022 | 371 | $16.8M | $485,552 | $1.5M |
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 |
|---|---|---|---|---|
| SETAWAY LLC | CONTRACT ADMIN | $37,638 | — | $37,638 |
| EMPOWER ANNUITY INS CO OF AMERICA | RECORDKEEPER | $8,440 | — | $8,440 |
| YOUNG, OAKES, BROWN & COMPANY, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,078
- Estimated Expense Ratio: 0.203% 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 | $40,073 | — | $40,073 | — | — |
| 2023 | $7,538 | — | $7,538 | — | — |
| 2022 | $16,198 | — | $16,198 | — | — |