Plan Snapshot
- Plan Sponsor: Chesapeake Management Company, LLC
- Sponsor EIN: 383678259
- Sponsor Address: 34910 DELAWARE AVE, FRANKFORD, DE, 19945
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 201
- Total Assets: $55,382
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 | 201 | $55,382 | $1.7M | $377,383 |
| 2023 | 199 | $28,761 | $1.4M | $320,532 |
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 |
|---|---|---|---|---|
| L & W INSURANCE, INC. | Investment Advisor | $55,625 | — | $55,625 |
| THE BENECON GROUP | Investment Advisor | $41,831 | — | $41,831 |
| HIGHMARK OF DELAWARE | Other Service Provider | $27,101 | — | $27,101 |
| CONNECTCARE3 | Other Service Provider | $12,504 | — | $12,504 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $137,061
- Estimated Expense Ratio: 247.483% 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 | $137,061 | — | $137,061 | — | — |
| 2023 | $154,283 | — | $154,283 | — | — |