Plan Snapshot
- Plan Sponsor: Bortek Industries, INC
- Sponsor EIN: 231730931
- Sponsor Address: 4713 OLD GETTYSBURG RD., MECHANICSBURG, PA, 17055
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 61
- Total Assets: $0
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 | 61 | $0 | $821,757 | $339,610 |
| 2023 | 57 | $297,369 | $580,991 | $274,181 |
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 |
|---|---|---|---|---|
| MPB RISK SERVICES, LLC | Investment Advisor | $19,008 | — | $19,008 |
| THE BENECON GROUP | Investment Advisor | $14,084 | — | $14,084 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,092
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 | $1,173,121 | — | — | — | — |
| 2023 | $1,277,001 | — | — | — | — |