# Faddis Concrete Products, INC. Health & Welfare Plan
Source: https://planprovider.pro/companies/faddis-concrete-products-inc-871233675-510

> Faddis Concrete Products, INC.'s Health & Welfare plan: 72 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Faddis Concrete Products, INC.

- **Sponsor EIN:** 871233675

- **Sponsor Address:** 2206 HORSESHOE PIKE, HONEY BROOK, PA, 19344

- **Plan Type:** Health & Welfare

- **Plan Number:** 510

- **Total Participants:** 72

- **Total Assets:** $524,718

## 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|72|$524,718|$0|$0|

| 2024|64|$68,270|$854,580|$334,943|

| 2023|75|$576|$897,795|$0|

| 2022|70|$14,716|$513,606|$313,966|

## 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|$67,086|—|$67,086|

| MERITAIN HEALTH, AN AETNA COMPANY|Other Service Provider|$30,275|—|$30,275|

| NFP CORPORATE BENEFITS (MD)|Investment Advisor|$21,171|—|$21,171|

| REVIVEHEALTH, INC.|Other Service Provider|$10,569|—|$10,569|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $129,101

- **Estimated Expense Ratio:** 24.604% 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|$1,000,508|—|—|—|—|

| 2024|$1,278,179|—|—|—|—|

| 2023|$947,480|—|—|—|—|

| 2022|$1,162,621|—|—|—|—|

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