Plan Snapshot
- Plan Sponsor: Berks Eye Physicians & Surgeons, Ltd.
- Sponsor EIN: 231720360
- Sponsor Address: 1802 PAPER MILL ROAD, WYOMISSING, PA, 19610
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 54
- Total Assets: $29,467
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 | 54 | $29,467 | $411,036 | $85,579 |
| 2023 | 32 | $33,099 | $276,129 | $62,929 |
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 |
|---|---|---|---|---|
| PATRIOT (POWER-KUNKLE GROUP, INC.) | Investment Advisor | $16,948 | — | $16,948 |
| THE BENECON GROUP | Investment Advisor | $14,080 | — | $14,080 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,028
- Estimated Expense Ratio: 105.297% 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 | $515,773 | — | — | — | — |
| 2023 | $324,028 | — | — | — | — |