Plan Snapshot
- Plan Sponsor: Edwards Business Machines, INC.
- Sponsor EIN: 231672672
- Sponsor Address: 524 PENN AVE, WEST READING, PA, 19611
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 103
- Total Assets: $73,337
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 | 103 | $73,337 | $1.2M | $441,446 |
| 2023 | 105 | $71,001 | $947,711 | $402,450 |
| 2022 | 101 | $536,294 | $1.1M | $389,827 |
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 BLUECROSS | Other Service Provider | $64,678 | — | $64,678 |
| THE BENECON GROUP, LLC | Investment Advisor | $35,295 | — | $35,295 |
| HARDING-YOST INSURANCE ASSOC. | Investment Advisor | $25,476 | — | $25,476 |
| CONNECTCARE3 | Other Service Provider | $6,324 | — | $6,324 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $131,773
- Estimated Expense Ratio: 179.681% 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 | $566,659 | $24,541 | $100,924 | — | — |
| 2023 | $531,135 | $25,466 | $76,191 | — | — |
| 2022 | $442,733 | $22,067 | $77,605 | — | — |