Plan Snapshot
- Plan Sponsor: The Loomis Company
- Sponsor EIN: 232238132
- Sponsor Address: 850 NORTH PARK ROAD, WYOMISSING, PA, 19610
- Plan Type: 401(k)
- Total Participants: 321
- Total Assets: $20.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 321 | $20.9M | $150,662 | $1.1M |
| 2023 | 299 | $18.9M | $144,528 | $1.0M |
| 2022 | 348 | $17.0M | $171,197 | $1.2M |
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 |
|---|---|---|---|---|
| PNC INSTITUTIONAL ASSET MANAGEMENT | ADVISOR | $25,007 | — | $25,007 |
| NEWPORT GROUP, INC. | RECORDKEEPER | $13,565 | — | $13,565 |
| RKL LLP | Auditor | — | — | $0 |
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: $38,572
- Estimated Expense Ratio: 0.184% 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 | $38,572 | $25,007 | $13,565 | — | — |
| 2023 | $37,876 | $21,013 | $16,863 | — | — |
| 2022 | $21,184 | $11,441 | $9,743 | — | — |