Plan Snapshot
- Plan Sponsor: The York Water Company
- Sponsor EIN: 231242500
- Sponsor Address: 130 EAST MARKET STREET, YORK, PA, 17401
- Plan Type: 401(k)
- Total Participants: 124
- Total Assets: $16.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 124 | $16.5M | $423,014 | $664,686 |
| 2023 | 118 | $15.4M | $379,493 | $602,136 |
| 2022 | 111 | $13.3M | $343,074 | $565,167 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $39,247 | — | $39,247 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $21,051 | — | $21,051 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,298
- Estimated Expense Ratio: 0.365% 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 | $60,298 | $39,247 | — | — | — |
| 2023 | $52,903 | $35,156 | — | — | — |
| 2022 | $53,583 | $35,817 | $17,766 | — | — |