Plan Snapshot
- Plan Sponsor: Sterman Masser, INC.
- Sponsor EIN: 231726207
- Sponsor Address: 2 FEARNOT ROAD, BOX 210, SACRAMENTO, PA, 17968
- Plan Type: 401(k)
- Total Participants: 444
- Total Assets: $13.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 444 | $13.4M | $442,123 | $936,288 |
| 2023 | 359 | $11.4M | $879,941 | $419,058 |
| 2022 | 343 | $9.1M | $371,297 | $796,999 |
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 |
|---|---|---|---|---|
| RKL LLP | Auditor | $9,156 | — | $9,156 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RKL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,156
- Estimated Expense Ratio: 0.069% 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 | $75,357 | $41,827 | $1,219 | $9,156 | — |
| 2023 | $62,656 | $29,018 | $1,196 | $13,165 | — |
| 2022 | $54,004 | $80 | — | — | — |