Plan Snapshot
- Plan Sponsor: Everhart & Hoover Powerline Construction, INC., A Close Corporation
- Sponsor EIN: 251368285
- Sponsor Address: 475 N CLEAR RIDGE RD, HUSTONTOWN, PA, 17229
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 19
- Total Assets: $139,509
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 | 19 | $139,509 | $270,809 | $14,817 |
| 2023 | 19 | $83,303 | $237,612 | $18,753 |
| 2022 | 22 | $34,927 | $302,635 | $139,862 |
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 |
|---|---|---|---|---|
| STRICKLER AGENCY | Investment Advisor | $6,528 | — | $6,528 |
| THE BENECON GROUP | Investment Advisor | $5,813 | — | $5,813 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,341
- Estimated Expense Ratio: 8.846% 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 | $230,734 | — | — | — | — |
| 2023 | $274,683 | — | — | — | — |
| 2022 | $458,210 | — | — | — | — |