Plan Snapshot
- Plan Sponsor: David H. Martin Excavating, Incorporated
- Sponsor EIN: 251564223
- Sponsor Address: 4961 CUMBERLAND HIGHWAY, CHAMBERSBURG, PA, 17202
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 181
- Total Assets: $313,940
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 | 181 | $313,940 | $2.2M | $438,620 |
| 2023 | 175 | $123,005 | $1.8M | $279,406 |
| 2022 | 175 | $95,336 | $1.6M | $291,708 |
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 |
|---|---|---|---|---|
| CAPITAL BLUE CROSS | Other Service Provider | $68,071 | — | $68,071 |
| HARDING-YOST INSURANCE ASSOCIATES, | Investment Advisor | $64,387 | — | $64,387 |
| THE BENECON GROUP | Investment Advisor | $34,695 | — | $34,695 |
| CONNECTCARE3 | Other Service Provider | $11,466 | — | $11,466 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $178,619
- Estimated Expense Ratio: 56.896% 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 | $768,196 | $46,161 | $163,822 | — | — |
| 2023 | $665,780 | $45,855 | $172,318 | — | — |
| 2022 | $581,104 | $43,605 | $169,119 | — | — |