Plan Snapshot
- Plan Sponsor: Walters Services, INC.
- Sponsor EIN: 251849650
- Sponsor Address: 650 FIREHOUSE ROAD, GRANTVILLE, PA, 17028
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 49
- Total Assets: $194,703
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. |
|---|---|---|---|---|
| 2025 | 49 | $194,703 | $0 | $0 |
| 2024 | 63 | $147,215 | $511,398 | $177,984 |
| 2023 | 46 | $112,118 | $224,283 | $416,725 |
| 2022 | 46 | $54,003 | $364,823 | $123,587 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP | Investment Advisor | $52,678 | — | $52,678 |
| ASSURED PARTNERS (CENTRAL PA) | Investment Advisor | $16,650 | — | $16,650 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,328
- Estimated Expense Ratio: 35.607% 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 |
|---|---|---|---|---|---|
| 2025 | $835,330 | — | — | — | — |
| 2024 | $674,942 | — | — | — | — |
| 2023 | $564,189 | — | — | — | — |
| 2022 | $582,075 | — | — | — | — |