Plan Snapshot
- Plan Sponsor: William Penn Bank
- Sponsor EIN: 230953930
- Sponsor Address: 10 CANAL STREET SUITE 104, BRISTOL, PA, 19007
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 28
- Total Assets: $8.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 28 | $8.0M | $0 | $0 |
| 2024 | 93 | $11.3M | $428,683 | $571,847 |
| 2023 | 90 | $9.7M | $444,154 | $574,063 |
| 2022 | 110 | $8.8M | $435,871 | $605,161 |
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 |
|---|---|---|---|---|
| SR SNODGRASS PC/ | 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 |
|---|---|---|---|---|---|
| 2025 | $5,315,997 | — | — | — | — |
| 2024 | $2,386 | — | — | — | — |
| 2023 | $3,032 | — | — | — | — |
| 2022 | $1,558 | — | — | — | — |