Plan Snapshot
- Plan Sponsor: Scott Electric Company
- Sponsor EIN: 251052048
- Sponsor Address: 1000 S MAIN STREET, GREENSBURG, PA, 15601
- Plan Type: DC
- Total Participants: 482
- Total Assets: $192.0M
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. |
|---|---|---|---|---|
| 2024 | 482 | $192.0M | $1.2M | $0 |
| 2023 | 475 | $188.2M | $8.2M | $0 |
| 2022 | 451 | $163.0M | $1.8M | $0 |
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 |
|---|---|---|---|---|
| ESOP PARTNERS, INC | RECORDKEEPER | $6,240 | — | $6,240 |
| LOUIS PLUNG & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LOUIS PLUNG & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,240
- Estimated Expense Ratio: 0.003% 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 | $23,980 | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |