Plan Snapshot
- Plan Sponsor: Americhoice Federal Credit Union
- Sponsor EIN: 251215682
- Sponsor Address: 2175 BUMBLE BEE HOLLOW RD, MECHANICSBURG, PA, 17055
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 59
- Total Assets: $157,799
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 | 59 | $157,799 | $0 | $0 |
| 2024 | 58 | $77,247 | $31,749 | $12,775 |
| 2023 | 57 | $65,539 | $373,628 | $155,904 |
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 | Investment Advisor | $48,173 | — | $48,173 |
| ONEDIGITAL (PHILADELPHIA) | Investment Advisor | $18,305 | — | $18,305 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,478
- Estimated Expense Ratio: 42.128% 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 | $649,819 | — | — | — | — |
| 2024 | $34,130 | — | — | — | — |
| 2023 | $527,403 | — | — | — | — |