Plan Snapshot
- Plan Sponsor: Brockstedt Mandalas Federico LLC
- Sponsor EIN: 263665886
- Sponsor Address: 6 SOUTH STATE STREET, DOVER, DE, 19901
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 82
- Total Assets: $295,333
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 | 82 | $295,333 | $0 | $0 |
| 2024 | 77 | $353,308 | $1.1M | $101,587 |
| 2023 | 67 | $5,079 | $807,805 | $120,956 |
| 2022 | 52 | $37,361 | $60,024 | $19,251 |
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 | $83,516 | — | $83,516 |
| IFS BENEFITS, LLC | Investment Advisor | $45,780 | — | $45,780 |
| REVIVEHEALTH, INC. | Other Service Provider | $9,945 | — | $9,945 |
| HIGHMARK OF DELAWARE | Other Service Provider | $5,394 | — | $5,394 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $144,635
- Estimated Expense Ratio: 48.974% 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 | $1,488,468 | — | — | — | — |
| 2024 | $872,683 | — | — | — | — |
| 2023 | $1,067,410 | — | — | — | — |
| 2022 | $41,914 | — | — | — | — |