Plan Snapshot
- Plan Sponsor: Choice Services International, INC.
- Sponsor EIN: 232828406
- Sponsor Address: 211 BENIGNO BLVD, BELLMAWR, NJ, 08031
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 46
- Total Assets: $171,601
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 | 46 | $171,601 | $0 | $0 |
| 2024 | 48 | $81,266 | $671,267 | $217,994 |
| 2023 | 43 | $7,678 | $637,098 | $215,392 |
| 2022 | 51 | $13,440 | $502,305 | $218,095 |
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 | $51,635 | — | $51,635 |
| PATRIOT (THE SAFEGARD GROUP, INC.) | Investment Advisor | $34,154 | — | $34,154 |
| LUCENT HEALTH | Other Service Provider | $21,848 | — | $21,848 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $107,637
- Estimated Expense Ratio: 62.725% 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 |
|---|---|---|---|---|---|
| 2025 | $928,319 | — | — | — | — |
| 2024 | $713,805 | — | — | — | — |
| 2023 | $864,960 | — | — | — | — |
| 2022 | $725,456 | — | — | — | — |