Plan Snapshot
- Plan Sponsor: B&K Equipment, LLC
- Sponsor EIN: 251598879
- Sponsor Address: 40851 RT 6, WYALUSING, PA, 18853
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 64
- Total Assets: $162,176
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 | 64 | $162,176 | $0 | $0 |
| 2024 | 61 | $7,850 | $1.0M | $29,125 |
| 2023 | 64 | $36,821 | $938,170 | $16,818 |
| 2022 | 74 | $7,809 | $608,751 | $163,219 |
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 | $67,176 | — | $67,176 |
| HIGHMARK BCBS NEPA | Other Service Provider | $31,250 | — | $31,250 |
| CUMMINGS INSURANCE AGENCY | Investment Advisor | $22,621 | — | $22,621 |
| HIGHMARK BLUE SHIELD (CENTRAL) | Other Service Provider | $6,354 | — | $6,354 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $127,401
- Estimated Expense Ratio: 78.557% 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 | $1,085,778 | — | — | — | — |
| 2024 | $1,192,167 | — | — | — | — |
| 2023 | $842,410 | — | — | — | — |
| 2022 | $980,910 | — | — | — | — |