Plan Snapshot
- Plan Sponsor: Seneca Holdings, LLC
- Sponsor EIN: 943471520
- Sponsor Address: 90 WEST HETZEL STREET, SALAMANCA, NY, 14779
- Plan Type: 401(k)
- Total Participants: 1,024
- Total Assets: $41.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,024 | $41.0M | $2.4M | $5.9M |
| 2023 | 694 | $28.5M | $1.8M | $4.3M |
| 2022 | 503 | $18.9M | $1.5M | $3.7M |
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 |
|---|---|---|---|---|
| R.A. MERCER & CO 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 | $133,715 | $57,916 | $72,409 | — | — |
| 2023 | $114,244 | $54,006 | $57,103 | — | — |
| 2022 | $103,849 | $43,557 | $57,337 | — | $2,955 |