Plan Snapshot
- Plan Sponsor: Bachmans Roofing, Building & Remodeling, INC.
- Sponsor EIN: 201810654
- Sponsor Address: 36 S. ELM STREET, WERNERSVILLE, PA, 19565
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 89
- Total Assets: $17,140
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 | 89 | $17,140 | $912,298 | $0 |
| 2023 | 83 | $93,997 | $47,286 | $33,033 |
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 |
|---|---|---|---|---|
| TOMPKINS INSURANCE | Investment Advisor | $39,273 | — | $39,273 |
| THE BENECON GROUP | Other Service Provider | $19,485 | — | $19,485 |
| CONNECTCARE3 | Other Service Provider | $5,498 | — | $5,498 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,256
- Estimated Expense Ratio: 374.889% 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 | $1,164,911 | — | — | — | — |
| 2023 | -$13,678 | — | — | — | — |