Plan Snapshot
- Plan Sponsor: Sterling Drive Ventures, L.P.
- Sponsor EIN: 232688026
- Sponsor Address: 2800 STERLING DRIVE, HATFIELD, PA, 194401957
- Plan Type: 401(k)
- Total Participants: 90
- Total Assets: $19.9M
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 | 90 | $19.9M | $0 | $721,431 |
| 2023 | 93 | $18.9M | $32,914 | $767,773 |
| 2022 | 113 | $16.8M | $231,530 | $871,361 |
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 |
|---|---|---|---|---|
| KREISHCHER MILLER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KREISHCHER MILLER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $18,785 | — | $18,785 | — | — |
| 2023 | $18,147 | — | $18,147 | — | — |
| 2022 | $15,170 | — | $15,170 | — | — |