Plan Snapshot
- Plan Sponsor: Sippel Co., INC.
- Sponsor EIN: 251543007
- Sponsor Address: 21 CENTURY DRIVE, AMBRIDGE, PA, 15003
- Plan Type: 401(k)
- Total Participants: 178
- Total Assets: $11.7M
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 | 178 | $11.7M | $182,117 | $413,526 |
| 2023 | 172 | $10.1M | $214,234 | $384,215 |
| 2022 | 130 | $9.1M | $179,122 | $381,756 |
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 |
|---|---|---|---|---|
| HERBEIN AND 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 | $6,961 | — | — | — | — |
| 2023 | $4,297 | — | — | — | — |
| 2022 | $6,013 | — | — | — | — |