Plan Snapshot
- Plan Sponsor: Beverage Distributors, INC.
- Sponsor EIN: 550354127
- Sponsor Address: 200 FERRY STREET, CLARKSBURG, WV, 26301
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 28
- Total Assets: $620
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 | 28 | $620 | $545,000 | $0 |
| 2023 | 28 | $0 | $476,324 | $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 |
|---|---|---|---|---|
| IMAGINE 360 ADMINISTRATORS, LLC | Other Service Provider | $16,094 | — | $16,094 |
| COURY HEALTH SERVICES, LLC DBA ALER | Investment Advisor | $9,960 | — | $9,960 |
| THE BENECON GROUP | Investment Advisor | $8,822 | — | $8,822 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,876
- Estimated Expense Ratio: 5625.161% 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 | $534,578 | — | — | — | — |
| 2023 | $539,212 | — | — | — | — |