Plan Snapshot
- Plan Sponsor: Bennett Supply Of Pennsylvania Co.
- Sponsor EIN: 251120795
- Sponsor Address: 300 BUSINESS CENTER DRIVE, CHESWICK, PA, 15024
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 60
- Total Assets: $136,366
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 | 60 | $136,366 | $1.7M | $0 |
| 2023 | 70 | $453,275 | $1.6M | $0 |
| 2022 | 68 | $8,234 | $1.3M | $0 |
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 |
|---|---|---|---|---|
| ACS BENEFIT SERVICES, LLC | Other Service Provider | $39,912 | — | $39,912 |
| E. K. MCCONKEY & CO., INC. | Investment Advisor | $19,700 | — | $19,700 |
| THE BENECON GROUP, LLC | Investment Advisor | $18,455 | — | $18,455 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,067
- Estimated Expense Ratio: 57.248% 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 | $1,628,315 | — | — | — | — |
| 2023 | $1,674,681 | — | — | — | — |
| 2022 | $1,354,270 | — | — | — | — |