Plan Snapshot
- Plan Sponsor: Scott Cars, INC.
- Sponsor EIN: 231892805
- Sponsor Address: 3333 LEHIGH STREET, ALLENTOWN, PA, 18103
- Plan Type: 401(k)
- Total Participants: 121
- Total Assets: $12.7M
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 | 121 | $12.7M | $154,902 | $422,561 |
| 2023 | 121 | $11.5M | $145,402 | $389,460 |
| 2022 | 118 | $9.5M | $140,410 | $400,820 |
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 |
|---|---|---|---|---|
| NATIONWIDE | Recordkeeper | $27,705 | — | $27,705 |
| COMMONWEALTH FINANCIAL NETWORK | Investment Advisor | $23,322 | — | $23,322 |
| PROACCOUNT | Investment Advisor | $15,906 | — | $15,906 |
| STALKER & ASSOCIATES, INC. | Recordkeeper | $8,496 | $5,803 | $14,299 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — Recordkeeper
- COMMONWEALTH FINANCIAL NETWORK — Investment Advisor
- PROACCOUNT — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $81,232
- Estimated Expense Ratio: 0.641% 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 | $47,948 | $47,948 | — | — | — |
| 2023 | $82,046 | $82,046 | — | — | — |
| 2022 | $79,695 | $79,695 | — | — | — |