Plan Snapshot
- Plan Sponsor: Fabtex, INC.
- Sponsor EIN: 232413278
- Sponsor Address: 29 WOODBINE LANE, DANVILLE, PA, 17821
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 0
- Total Assets: $323,868
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. |
|---|---|---|---|---|
| 2025 | 0 | $323,868 | $0 | $0 |
| 2024 | 51 | $253,666 | $882,120 | $146,594 |
| 2023 | 51 | $107,904 | $335,095 | $528,485 |
| 2022 | 64 | $9,335 | $716,410 | $140,355 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP | Investment Advisor | $41,063 | — | $41,063 |
| BRYSON FINANCIAL | Investment Advisor | $26,770 | — | $26,770 |
| HIGHMARK BLUE SHIELD (CENTRAL) | Other Service Provider | $5,539 | — | $5,539 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,372
- Estimated Expense Ratio: 22.655% 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 |
|---|---|---|---|---|---|
| 2025 | $716,927 | — | — | — | — |
| 2024 | $882,658 | — | — | — | — |
| 2023 | $710,212 | — | — | — | — |
| 2022 | $903,272 | — | — | — | — |