Plan Snapshot
- Plan Sponsor: Brandywine Valley Concrete Construction, Ltd
- Sponsor EIN: 232460079
- Sponsor Address: 131 WALLACE AVENUE, DOWNINGTOWN, PA, 19335
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 27
- Total Assets: $22,672
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 | 27 | $22,672 | $507,885 | $0 |
| 2023 | 27 | $15,940 | $361,586 | $57,597 |
| 2022 | 28 | $26,343 | $348,896 | $60,764 |
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 |
|---|---|---|---|---|
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $15,175 | — | $15,175 |
| ACRISURE, LLC | Investment Advisor | $13,785 | — | $13,785 |
| THE BENECON GROUP | Investment Advisor | $10,328 | — | $10,328 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,288
- Estimated Expense Ratio: 173.289% 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 | $490,871 | — | — | — | — |
| 2023 | $453,548 | — | — | — | — |
| 2022 | $432,698 | — | — | — | — |