Plan Snapshot
- Plan Sponsor: Tom Masano, INC.
- Sponsor EIN: 231746978
- Sponsor Address: 815 LANCASTER AVENUE, READING, PA, 196070590
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 165
- Total Assets: $0
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 | 165 | $0 | $0 | $0 |
| 2023 | 146 | $105,842 | $681,059 | $860,832 |
| 2022 | 152 | $64,525 | $763,564 | $657,649 |
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 |
|---|---|---|---|---|
| PATRIOT (POWER-KUNKLE GROUP, INC.) | Investment Advisor | $47,714 | — | $47,714 |
| THE BENECON GROUP, LLC | Investment Advisor | $30,594 | — | $30,594 |
| CONNECTCARE3 | Other Service Provider | $11,291 | — | $11,291 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,599
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 | — | — | — | — | — |
| 2023 | $106,698 | — | — | — | — |
| 2022 | $102,381 | — | — | — | — |