Plan Snapshot
- Plan Sponsor: Specialty Fabrication And Powder Coating, LLC
- Sponsor EIN: 061732356
- Sponsor Address: 455 ALLEGHENY BOULEVARD, FRANKLIN, PA, 16323
- Plan Type: 401(k)
- Total Participants: 131
- Total Assets: $5.5M
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 | 131 | $5.5M | $62,627 | $283,155 |
| 2023 | 131 | $4.6M | $31,100 | $276,931 |
| 2022 | 125 | $4.1M | $30,256 | $277,709 |
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 |
|---|---|---|---|---|
| EDWARD JONES | Other Service Provider | $23,206 | — | $23,206 |
| CAPITAL BANK AND TRUST COMPANY | Recordkeeper | $5,130 | — | $5,130 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,336
- Estimated Expense Ratio: 0.518% 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 | $28,336 | $23,206 | — | — | — |
| 2023 | $22,479 | — | — | $19,874 | — |
| 2022 | $23,551 | $20,986 | — | — | $2,565 |