Plan Snapshot
- Plan Sponsor: Sageworth Trust Company
- Sponsor EIN: 233089620
- Sponsor Address: 1861 SANTA BARBARA DRIVE, LANCASTER, PA, 17601
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 74
- Total Assets: $195,959
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. |
|---|---|---|---|---|
| 2025 | 74 | $195,959 | $0 | $0 |
| 2024 | 63 | $54,653 | $645,508 | $279,520 |
| 2023 | 65 | $85,872 | $534,118 | $281,630 |
| 2022 | 60 | $109,925 | $397,963 | $228,273 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP | Investment Advisor | $59,029 | — | $59,029 |
| ENGLE, HAMBRIGHT & DAVIES | Investment Advisor | $28,113 | — | $28,113 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $87,142
- Estimated Expense Ratio: 44.470% 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 |
|---|---|---|---|---|---|
| 2025 | $1,093,420 | — | — | — | — |
| 2024 | $945,880 | — | — | — | — |
| 2023 | $951,069 | — | — | — | — |
| 2022 | $449,828 | — | — | — | — |