Plan Snapshot
- Plan Sponsor: F.O.P. Lower Merion Police Lodge #28
- Sponsor EIN: 237178445
- Sponsor Address: 420 ADAIR ROAD, HOLMES, PA, 19043
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 124
- Total Assets: $1.9M
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 | 124 | $1.9M | $149,533 | $0 |
| 2023 | 124 | $1.8M | $155,835 | $0 |
| 2022 | 117 | $1.7M | $128,669 | $0 |
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 |
|---|---|---|---|---|
| NOVAK FRANCELLA LLC | Auditor | $20,588 | — | $20,588 |
| CHARLES SCHWAB | Recordkeeper | $7,557 | — | $7,557 |
| DUDA ACTUARIAL CONSULTING, INC. | Other Service Provider | $5,500 | — | $5,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA LLC — Auditor
- CHARLES SCHWAB — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,645
- Estimated Expense Ratio: 1.780% 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 | $40,154 | $8,294 | — | $20,588 | — |
| 2023 | $38,690 | $8,253 | — | $20,654 | — |
| 2022 | $37,736 | $8,979 | — | — | $24,413 |