Plan Snapshot
- Plan Sponsor: Weis Markets, INC.
- Sponsor EIN: 240755415
- Sponsor Address: 1000 SOUTH SECOND ST., SUNBURY, PA, 178010471
- Plan Type: 401(k)
- Total Participants: 21,014
- Total Assets: $304.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 21,014 | $304.0M | $6.0M | $19.0M |
| 2023 | 22,246 | $269.1M | $5.9M | $17.2M |
| 2022 | 23,208 | $226.9M | $6.3M | $16.9M |
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 |
|---|---|---|---|---|
| VOYA INSTITUTIONAL PLAN SERVICES | RECORDKEEPER | $798,052 | — | $798,052 |
| VOYA RETIREMENT ADVISORS, LLC | INVEST ADVISOR | $124,143 | — | $124,143 |
| CAPFINANCIAL PARTNERS LLC | NONE | $115,200 | — | $115,200 |
| RKL, LLP | AUDITOR | $20,800 | — | $20,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VOYA RETIREMENT ADVISORS, LLC — INVEST ADVISOR
- RKL, LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,058,195
- Estimated Expense Ratio: 0.348% 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 | $2,004,373 | $1,027,320 | $30,875 | — | — |
| 2023 | $1,730,242 | $89,779 | $23,394 | $15,000 | — |
| 2022 | $1,648,739 | — | — | — | — |