Plan Snapshot
- Plan Sponsor: Steinman Communications, INC.
- Sponsor EIN: 813919520
- Sponsor Address: 23 EAST KING STREET, LANCASTER, PA, 17602
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 395
- Total Assets: $29.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 395 | $29.1M | $0 | $0 |
| 2024 | 166 | $27.0M | $390,364 | $692,774 |
| 2023 | 177 | $27.4M | $262,735 | $943,491 |
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 |
|---|---|---|---|---|
| FIDELITY WORKPLACE SERVICES LLC | Recordkeeper | $37,807 | — | $37,807 |
| PNC BANK NATIONAL ASSOCIATION | Investment Advisor | $34,127 | — | $34,127 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,934
- Estimated Expense Ratio: 0.247% 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 | $3,178,135 | $29,529 | $10,496 | — | — |
| 2024 | $70,372 | $35,073 | $10,649 | — | — |
| 2023 | $52,060 | $13,174 | $10,979 | — | — |