# Bancroft Construction Company, INC. Health & Welfare Plan
Source: https://planprovider.pro/companies/bancroft-construction-company-inc-510246121-521

> Bancroft Construction Company, INC.'s Health & Welfare plan: 115 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Bancroft Construction Company, INC.

- **Sponsor EIN:** 510246121

- **Sponsor Address:** 1300 GRANT AVENUE STE 101, WILMINGTON, DE, 19806

- **Plan Type:** Health & Welfare

- **Plan Number:** 521

- **Total Participants:** 115

- **Total Assets:** $248,578

## 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|115|$248,578|$1.2M|$144,542|

| 2023|114|$67,226|$1.1M|$111,664|

| 2022|104|$37,549|$762,532|$265,112|

## 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|

| WEINER BENEFITS GROUP|Investment Advisor|$36,720|—|$36,720|

| THE BENECON GROUP, LLC|Investment Advisor|$26,058|—|$26,058|

| HIGHMARK OF DELAWARE|Other Service Provider|$21,066|—|$21,066|

| CONNECTCARE3|Other Service Provider|$7,358|—|$7,358|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $91,202

- **Estimated Expense Ratio:** 36.689% 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|$1,174,618|—|—|—|—|

| 2023|$1,115,935|—|—|—|—|

| 2022|$1,167,705|—|—|—|—|

## Similar Plans

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- [Cornerstone Construction](https://planprovider.pro/companies/cornerstone-construction-510394746-505) — 0 participants

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