Plan Snapshot
- Plan Sponsor: Sargent Electric Company
- Sponsor EIN: 250935920
- Sponsor Address: 2740 SMALLMAN STREET, PITTSBURGH, PA, 15222
- Plan Type: 401(k)
- Total Participants: 155
- Total Assets: $12.2M
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 | 155 | $12.2M | $583,760 | $1.3M |
| 2023 | 137 | $10.4M | $645,313 | $995,827 |
| 2022 | 108 | $7.8M | $402,050 | $819,639 |
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 |
|---|---|---|---|---|
| LALLY&CO.,LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LALLY&CO.,LLC — Auditor
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 | $7,712 | — | — | — | — |
| 2023 | $7,442 | — | — | — | — |
| 2022 | $7,084 | — | — | — | — |