Plan Snapshot
- Plan Sponsor: Bollman Hat Company
- Sponsor EIN: 231922616
- Sponsor Address: 110 EAST MAIN STREET, ADAMSTOWN, PA, 19501
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 169
- Total Assets: $258,720
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 | 169 | $258,720 | $1.3M | $426,807 |
| 2023 | 182 | $0 | $0 | $0 |
| 2022 | 229 | $0 | $0 | $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 |
|---|---|---|---|---|
| BROWN & BROWN (PA) | Investment Advisor | $94,930 | — | $94,930 |
| HIGHMARK BLUE SHIELD (CENTRAL) | Other Service Provider | $40,665 | — | $40,665 |
| THE BENECON GROUP | Investment Advisor | $35,927 | — | $35,927 |
| CONNECTCARE3 | Other Service Provider | $9,424 | — | $9,424 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $180,946
- Estimated Expense Ratio: 69.939% 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 | $180,946 | — | $180,946 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |