Plan Snapshot
- Plan Sponsor: Chant Engineering Co., INC.
- Sponsor EIN: 232016973
- Sponsor Address: 59 INDUSTRIAL DRIVE, NEW BRITAIN, PA, 18901
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 21
- 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. |
|---|---|---|---|---|
| 2025 | 21 | $0 | $0 | $0 |
| 2024 | 36 | $74,881 | $470,941 | $0 |
| 2023 | 32 | $124,169 | $328,127 | $85,780 |
| 2022 | 37 | $28,508 | $293,136 | $80,000 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP, LLC | Investment Advisor | $43,463 | — | $43,463 |
| JMB CONSULTANTS, INC. | Investment Advisor | $15,708 | — | $15,708 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $9,830 | — | $9,830 |
| REVIVEHEALTH, INC. | Other Service Provider | $6,747 | — | $6,747 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,748
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 |
|---|---|---|---|---|---|
| 2025 | $741,539 | — | — | — | — |
| 2024 | $524,681 | — | — | — | — |
| 2023 | $303,400 | — | — | — | — |
| 2022 | $418,673 | — | — | — | — |