Plan Snapshot
- Plan Sponsor: Sorbara And Son, LP
- Sponsor EIN: 204245192
- Sponsor Address: 2100 WASHINGTON PIKE, CARNEGIE, PA, 15106
- Plan Type: 401(k)
- Total Participants: 173
- Total Assets: $3.5M
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 | 173 | $3.5M | $72,239 | $134,686 |
| 2023 | 165 | $3.1M | $68,081 | $127,331 |
| 2022 | 145 | $3.4M | $62,272 | $112,277 |
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 |
|---|---|---|---|---|
| ADAMSBROWN, LLC | Auditor | $1,010 | — | $1,010 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADAMSBROWN, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,010
- Estimated Expense Ratio: 0.029% 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 | $2,560 | — | — | $1,010 | — |
| 2023 | $2,896 | — | $2,000 | — | — |
| 2022 | $2,859 | — | $2,859 | — | — |