Plan Snapshot
- Plan Sponsor: Wellsville Carpet Town, INC.
- Sponsor EIN: 160984959
- Sponsor Address: 1429 OLEAN PORTVILLE ROAD, WESTONS MILLS, NY, 147880230
- Plan Type: 401(k)
- Total Participants: 275
- Total Assets: $11.7M
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 | 275 | $11.7M | $504,774 | $867,696 |
| 2023 | 270 | $9.8M | $470,480 | $794,304 |
| 2022 | 275 | $7.5M | $470,417 | $784,282 |
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 |
|---|---|---|---|---|
| PROTO & LOSKEY, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $55,519 | — | — | — | — |
| 2023 | $45,904 | — | — | — | — |
| 2022 | $43,924 | — | — | — | — |