Plan Snapshot
- Plan Sponsor: Summit Early Learning, INC.
- Sponsor EIN: 231706558
- Sponsor Address: 14 S 11TH ST, MIFFLINBURG, PA, 178449792
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 294
- Total Assets: $5.1M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 294 | $5.1M | $133,410 | $175,541 |
| 2023 | 247 | $4.8M | $113,303 | $167,516 |
| 2022 | 236 | $4.3M | $118,124 | $179,595 |
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 |
|---|---|---|---|---|
| WAGNER DRESS ELSASSER & ASSOCIATES | Auditor | — | — | $0 |
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 | $3,272 | — | — | — | — |
| 2023 | $1,805 | — | — | — | — |
| 2022 | $372 | — | — | — | — |