Plan Snapshot
- Plan Sponsor: Chucks Auto Salvage, INC.
- Sponsor EIN: 232553439
- Sponsor Address: 6867 BOYERTOWN PIKE, DOUGLASSVILLE, PA, 19518
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 104
- Total Assets: $183,067
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 | 104 | $183,067 | $1.3M | $30,338 |
| 2023 | 109 | $112,271 | $786,835 | $221,100 |
| 2022 | 62 | $30,234 | $675,362 | $138,640 |
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 |
|---|---|---|---|---|
| PATRIOT (POWER-KUNKLE GROUP, INC.) | Investment Advisor | $36,769 | — | $36,769 |
| THE BENECON GROUP | Investment Advisor | $24,886 | — | $24,886 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,655
- Estimated Expense Ratio: 33.679% 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 | $1,294,936 | — | — | — | — |
| 2023 | $873,913 | — | — | — | — |
| 2022 | $863,647 | — | — | — | — |