Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Bindery Industry Pension Plan
- Sponsor EIN: 236209755
- Sponsor Address: 601 DRESHER ROAD, HORSHAM, PA, 190442203
- Plan Type: DB
- Total Participants: 15
- Total Assets: $445,247
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 | 15 | $445,247 | $33,064 | $0 |
| 2023 | 23 | $452,298 | $37,826 | $0 |
| 2022 | 22 | $540,243 | $121,292 | $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 |
|---|---|---|---|---|
| RAE GROUP, LLC | NONE | $71,000 | — | $71,000 |
| FISCHER DORWART, P.C. | NONE | $12,500 | — | $12,500 |
| MARKOWITZ & RICHMAN | NONE | $10,500 | — | $10,500 |
| US BANK, N.A. | NONE | $8,824 | — | $8,824 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- US BANK, N.A. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $102,824
- Estimated Expense Ratio: 23.094% 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 | $119,000 | — | $47,000 | $12,500 | — |
| 2023 | $141,392 | — | $39,500 | $12,500 | — |
| 2022 | $109,613 | — | $44,500 | — | $45,690 |