Plan Snapshot
- Plan Sponsor: Schultheis & Panettieri, LLP
- Sponsor EIN: 131577780
- Sponsor Address: 450 WIRELESS BOULEVARD, HAUPPAUGE, NY, 11788
- Plan Type: 401(k)
- Total Participants: 173
- Total Assets: $66.6M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 173 | $66.6M | $2.4M | $1.2M |
| 2023 | 193 | $56.0M | $2.2M | $941,185 |
| 2022 | 159 | $44.7M | $1.9M | $771,398 |
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 |
|---|---|---|---|---|
| BERMAN HOPKINS CPA, PA, PC | 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 | $181,495 | — | $181,495 | — | — |
| 2023 | $145,982 | — | $145,982 | — | — |
| 2022 | $135,753 | — | $135,753 | — | — |