Plan Snapshot
- Plan Sponsor: Solar Atmospheres INC.
- Sponsor EIN: 232363698
- Sponsor Address: 1969 CLEARVIEW ROAD, SOUDERTON, PA, 18964
- Plan Type: 401(k)
- Total Participants: 365
- Total Assets: $46.5M
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 | 365 | $46.5M | $1.1M | $2.4M |
| 2023 | 312 | $40.7M | $1.0M | $2.2M |
| 2022 | 294 | $34.9M | $876,034 | $1.8M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $137,296 | — | $137,296 |
| THE PARAGON ALLIANCE GROUP, LLC | Other Service Provider | — | $34,440 | $34,440 |
| GIRARD ADVISORY SERVICES, LLC | Investment Advisor | $30,430 | — | $30,430 |
| CARON & BLETZER, PLLC | Auditor | $26,600 | — | $26,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $228,766
- Estimated Expense Ratio: 0.492% 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 | $188,446 | — | $188,446 | — | — |
| 2023 | $197,799 | $71,472 | $115,527 | $10,800 | — |
| 2022 | $198,159 | — | $198,159 | — | — |