Plan Snapshot
- Plan Sponsor: Wohlsen Construction Company
- Sponsor EIN: 231542546
- Sponsor Address: 548 STEEL WAY, LANCASTER, PA, 176047066
- Plan Type: 401(k)
- Total Participants: 325
- Total Assets: $41.0M
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 | 325 | $41.0M | $1.1M | $2.8M |
| 2023 | 325 | $36.6M | $755,019 | $2.5M |
| 2022 | 315 | $30.1M | $845,992 | $2.3M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $115,048 | — | $115,048 |
| CORNERSTONE ADVISORS ASSET MGMT | INVESTMENT ADVISORY | $16,749 | $68,906 | $85,655 |
| RKL, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CORNERSTONE ADVISORS ASSET MGMT — INVESTMENT ADVISORY
- RKL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $200,703
- Estimated Expense Ratio: 0.489% 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 | $131,797 | $16,749 | $115,048 | — | — |
| 2023 | $135,596 | — | $135,596 | — | — |
| 2022 | $126,461 | — | $126,461 | — | — |