Plan Snapshot
- Plan Sponsor: West Homestead Eng & Machine Co.
- Sponsor EIN: 941506700
- Sponsor Address: 5 HOT METAL STREET, PITTSBURGH, PA, 15203
- Plan Type: 401(k)
- Total Participants: 164
- Total Assets: $24.6M
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 | 164 | $24.6M | $307,707 | $744,839 |
| 2023 | 172 | $23.6M | $294,606 | $773,462 |
| 2022 | 167 | $20.4M | $282,435 | $678,327 |
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 |
|---|---|---|---|---|
| ASSURED PARTNERS INVESTMENT ADVISOR | Other Service Provider | $52,478 | — | $52,478 |
| ASCENSUS LLC | Other Service Provider | $25,314 | $1,362 | $26,676 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,154
- Estimated Expense Ratio: 0.322% 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 | $77,792 | $52,478 | $25,314 | — | — |
| 2023 | $71,447 | $46,456 | $24,991 | — | — |
| 2022 | $69,586 | $44,582 | $25,004 | — | — |