Plan Snapshot
- Plan Sponsor: Child Development, INC.
- Sponsor EIN: 232212539
- Sponsor Address: 2880 POTTSVILLE MINERSVILLE HIGHWAY, MINERSVILLE, PA, 17954
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 62
- Total Assets: $137,431
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 | 62 | $137,431 | $1.0M | $72,782 |
| 2023 | 57 | $41,021 | $805,911 | $79,482 |
| 2022 | 61 | $82,681 | $778,958 | $78,929 |
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 | Investment Advisor | $28,081 | — | $28,081 |
| PATRIOT (POWER-KUNKLE GROUP, INC.) | Investment Advisor | $16,903 | — | $16,903 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,984
- Estimated Expense Ratio: 32.732% 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 | $1,021,517 | — | — | — | — |
| 2023 | $796,361 | — | — | — | — |
| 2022 | $1,247,572 | — | — | — | — |