Plan Snapshot
- Plan Sponsor: Asgco Manufacturing, INC.
- Sponsor EIN: 231744831
- Sponsor Address: 730 BANGOR RD, NAZARETH, PA, 18064
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 123
- Total Assets: $237,469
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 | 123 | $237,469 | $1.5M | $441,229 |
| 2023 | 93 | $421,827 | $1.2M | $380,256 |
| 2022 | 97 | $37,427 | $0 | $0 |
| 2021 | 77 | $488,235 | $0 | $0 |
| 2020 | 93 | $436,789 | $1.2M | $0 |
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 |
|---|---|---|---|---|
| BENEFITMALL | Other Service Provider | $78,171,305 | — | $78,171,305 |
| MCCONKEY BENEFITS & FINANCIAL SERVI | Investment Advisor | $37,785 | — | $37,785 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,209,090
- Estimated Expense Ratio: 32934.442% 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 | $2,163,881 | — | — | — | — |
| 2023 | $1,270,412 | — | — | — | — |
| 2022 | $1,326,711 | — | — | — | — |
| 2021 | $1,555,932 | — | — | — | — |
| 2020 | $1,148,133 | — | — | — | — |