# Servotronics INC 401(k) Plan
Source: https://planprovider.pro/companies/servotronics-inc-401k-plan

> Servotronics INC's 401(k) plan: 280 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Servotronics INC

- **Sponsor EIN:** 160837866

- **Sponsor Address:** 1110 MAPLE STR, ELMA, NY, 14059

- **Plan Type:** 401(k)

- **Total Participants:** 280

- **Total Assets:** $10.1M

## 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|280|$10.1M|$390,975|$1.1M|

| 2023|266|$8.8M|$352,375|$967,347|

| 2022|259|$7.5M|$289,142|$897,817|

## 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|

| TRONCONI & SEGARRA & ASSOCIATES|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|$24,595|—|$23,735|—|—|

| 2023|$42,036|$19,201|$21,975|—|—|

| 2022|$38,345|$18,524|$19,821|—|—|

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