Plan Snapshot
- Plan Sponsor: State Line Auto Auction, INC.
- Sponsor EIN: 161120449
- Sponsor Address: 830 TALMADGE HILL RD S, WAVERLY, NY, 14892
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 65
- Total Assets: $282,768
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 65 | $282,768 | $0 | $0 |
| 2024 | 70 | $395,123 | $543,535 | $176,112 |
| 2023 | 64 | $146,506 | $622,904 | $0 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP | Investment Advisor | $53,532 | — | $53,532 |
| TOMPKINS INSURANCE | Investment Advisor | $27,930 | — | $27,930 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $5,706 | — | $5,706 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $87,168
- Estimated Expense Ratio: 30.827% 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 |
|---|---|---|---|---|---|
| 2025 | $829,154 | — | — | — | — |
| 2024 | $540,169 | — | — | — | — |
| 2023 | $510,072 | — | — | — | — |