Plan Snapshot
- Plan Sponsor: The Raymond Corporation
- Sponsor EIN: 150372290
- Sponsor Address: PO BOX 130, GREENE, NY, 13778
- Plan Type: DB
- Total Participants: 278
- Total Assets: $128.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 278 | $128.1M | $1.0M | $0 |
| 2023 | 308 | $130.8M | $3.6M | $0 |
| 2022 | 337 | $120.7M | $5.3M | $0 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS | TRUSTEE | $149,585 | — | $149,585 |
| WILLIS TOWERS WATSON | ACTUARY | $54,450 | — | $54,450 |
| CAPITAL STRATEGIES | INVESTMENT MANAGER | $40,000 | — | $40,000 |
| CHARLES SCHWAB TRUST BANK | TRUSTEE | $39,621 | — | $39,621 |
| DANNIBLE & MCKEE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS — TRUSTEE
- WILLIS TOWERS WATSON — ACTUARY
- CHARLES SCHWAB TRUST BANK — TRUSTEE
- DANNIBLE & MCKEE, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $283,656
- Estimated Expense Ratio: 0.221% 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 | $398,897 | $189,585 | $39,621 | — | — |
| 2023 | $410,041 | $175,000 | $44,841 | — | — |
| 2022 | $249,713 | $40,000 | — | — | $103,673 |