Plan Snapshot
- Plan Sponsor: Belco Community Credit Union
- Sponsor EIN: 231445884
- Sponsor Address: 449 EISENHOWER BLVD, HARRISBURG, PA, 171112302
- Plan Type: Health & Welfare
- Plan Number: 511
- Total Participants: 186
- Total Assets: $120,724
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 | 186 | $120,724 | $2.6M | $553,107 |
| 2023 | 199 | $306,068 | $2.2M | $514,225 |
| 2022 | 196 | $149,349 | $1.9M | $371,866 |
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 |
|---|---|---|---|---|
| ONEDIGITAL (PHILADELPHIA) | Other Service Provider | $47,544 | — | $47,544 |
| THE BENECON GROUP, LLC | Investment Advisor | $35,975 | — | $35,975 |
| CONNECTCARE3 | Other Service Provider | $12,497 | — | $12,497 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $96,016
- Estimated Expense Ratio: 79.533% 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 | $50,736 | — | $50,736 | — | — |
| 2023 | $53,205 | — | $53,205 | — | — |
| 2022 | $109,706 | — | $109,706 | — | — |