Plan Snapshot
- Plan Sponsor: Adept Group LLC
- Sponsor EIN: 800149220
- Sponsor Address: 1 E BROAD STREET, BETHLEHEM, PA, 18018
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 17
- Total Assets: $138,708
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. |
|---|---|---|---|---|
| 2025 | 17 | $138,708 | $0 | $0 |
| 2024 | 38 | $97,818 | $459,427 | $115,631 |
| 2023 | 35 | $12,893 | $498,531 | $150,908 |
| 2022 | 38 | $18,037 | $403,498 | $145,133 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP, LLC | Investment Advisor | $24,528 | — | $24,528 |
| BSI CORPORATE BENEFITS | Investment Advisor | $12,530 | — | $12,530 |
| CAPITAL BLUE CROSS | Other Service Provider | $8,892 | — | $8,892 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,950
- Estimated Expense Ratio: 33.127% 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 |
|---|---|---|---|---|---|
| 2025 | $411,448 | — | — | — | — |
| 2024 | $477,958 | — | — | — | — |
| 2023 | $709,672 | — | — | — | — |
| 2022 | $538,875 | — | — | — | — |