Plan Snapshot
- Plan Sponsor: Swartley Bros. Engineers, INC.
- Sponsor EIN: 231296376
- Sponsor Address: 10 SCHOOLHOUSE RD, SOUDERTON, PA, 189642608
- Plan Type: DC
- Total Participants: 245
- Total Assets: $19.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2024 | 245 | $19.2M | $461,000 | $965,376 |
| 2023 | 209 | $16.5M | $0 | $888,294 |
| 2022 | 451 | $14.7M | $610,000 | $1.0M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $51,388 | — | $51,388 |
| WELLS FARGO CLEARING SERVICES LLC | Investment Advisor | — | $20,890 | $20,890 |
| BERNARDO WEALTH PLANNING | Investment Advisor | — | $13,873 | $13,873 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,151
- Estimated Expense Ratio: 0.449% 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 | $51,389 | — | $51,389 | — | — |
| 2023 | $48,056 | — | $48,056 | — | — |
| 2022 | $25,545 | — | $25,545 | — | — |