Plan Snapshot
- Plan Sponsor: Equisoft INC.
- Sponsor EIN: 980607844
- Sponsor Address: 2005 MARKET STREET, SUITE 1100, PHILADELPHIA, PA, 19103
- Plan Type: Health & Welfare
- Plan Number: 510
- Total Participants: 121
- Total Assets: $0
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 | 121 | $0 | $1.4M | $219,368 |
| 2023 | 132 | $0 | $1.2M | $174,515 |
| 2022 | 115 | $0 | $82,702 | $11,197 |
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 |
|---|---|---|---|---|
| PCF INSURANCE SERVICES OF THE WEST | Investment Advisor | $43,890 | — | $43,890 |
| INDEPENDENCE ADMINISTRATORS | Other Service Provider | $23,365 | — | $23,365 |
| THE BENECON GROUP | Investment Advisor | $23,247 | — | $23,247 |
| CONNECTCARE3 | Other Service Provider | $8,076 | — | $8,076 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,578
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 | $98,577 | — | $98,577 | — | — |
| 2023 | $114,283 | — | $114,283 | — | — |
| 2022 | $8,971 | — | $8,971 | — | — |