Plan Snapshot
- Plan Sponsor: Wire Mesh Products, INC.
- Sponsor EIN: 231947475
- Sponsor Address: 501 EAST KING STREET, YORK, PA, 17403
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 60
- Total Assets: $430,738
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 | 60 | $430,738 | $825,753 | $165,265 |
| 2023 | 56 | $432,777 | $674,825 | $259,059 |
| 2022 | 52 | $429,754 | $620,677 | $265,494 |
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 |
|---|---|---|---|---|
| HIGHMARK BLUE SHIELD (CENTRAL) | Other Service Provider | $27,744 | — | $27,744 |
| THE BENECON GROUP, LLC | Investment Advisor | $23,040 | — | $23,040 |
| MCCONKEY BENEFITS & FINANCIAL SERV | Investment Advisor | $21,150 | — | $21,150 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,934
- Estimated Expense Ratio: 16.700% 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 | $1,013,219 | — | — | — | — |
| 2023 | $942,062 | — | — | — | — |
| 2022 | $547,299 | — | — | — | — |