# Steet/Ponte, INC. 401(k) Plan
Source: https://planprovider.pro/companies/steet-ponte-inc-401k-plan

> Steet/Ponte, INC.&#39;s 401(k) plan: 206 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Steet/Ponte, INC.

- **Sponsor EIN:** 161468681

- **Sponsor Address:** 4991 COMMERCIAL DRIVE, YORKVILLE, NY, 13495

- **Plan Type:** 401(k)

- **Total Participants:** 206

- **Total Assets:** $21.9M

## 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|206|$21.9M|$594,756|$1.2M|

| 2023|203|$18.9M|$580,084|$1.2M|

| 2022|177|$14.8M|$557,886|$1.1M|

## 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 LIFE & ANNUITY INS CO OF NY|RECORDKEEPER|$108,849|—|$108,849|

| OSAIC WEALTH, INC|BROKER/ADVISE R|—|$54,584|$54,584|

| ACTUARIAL PENSION ANALYSTS, INC.|CONTRACT ADMIN|$3,241|$10,000|$13,241|

| FITZGERALD, DEPIETRO, & WOJNAS, C.P|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $176,674

- **Estimated Expense Ratio:** 0.808% 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|$111,041|—|—|—|—|

| 2023|$95,860|—|—|—|—|

| 2022|$90,375|—|—|—|—|

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