Plan Snapshot
- Plan Sponsor: Wharf & Dockbuilders & Pile Drivers
- Sponsor EIN: 232231115
- Sponsor Address: 1803 SPRING GARDEN STREET, PHILADELPHIA, PA, 19130
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 298
- Total Assets: $434,608
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 | 298 | $434,608 | $0 | $41,589 |
| 2023 | 196 | $450,059 | $0 | $46,945 |
| 2022 | 361 | $428,408 | $0 | $46,046 |
| 2019 | 280 | $383,641 | $0 | $147,124 |
| 2018 | 270 | $300,817 | $0 | $130,848 |
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 |
|---|---|---|---|---|
| SAGOT, BROOKE & CORNETT, P.C. | Other Service Provider | $96,700 | — | $96,700 |
| NOVAK FRANCELLA,LLC | Auditor | $8,000 | — | $8,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA,LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $104,700
- Estimated Expense Ratio: 24.091% 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 | $12,131 | $4,131 | — | $8,000 | — |
| 2023 | $17,804 | $3,895 | — | $12,288 | — |
| 2022 | $23,759 | $3,903 | — | — | $18,103 |
| 2019 | $5,473 | — | — | — | $5,233 |
| 2018 | $500 | — | — | — | $500 |