Plan Snapshot
- Plan Sponsor: Farinelli Construction, INC.
- Sponsor EIN: 251592680
- Sponsor Address: 611 GETTYSBURG PIKE, STE. 101, MECHANICSBURG, PA, 17055
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 22
- Total Assets: $87,866
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 | 22 | $87,866 | $307,971 | $76,196 |
| 2023 | 52 | $29,415 | $269,261 | $79,366 |
| 2022 | 23 | $31,827 | $204,936 | $85,786 |
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 |
|---|---|---|---|---|
| GUNN-MOWERY LLC | Investment Advisor | $8,120 | — | $8,120 |
| THE BENECON GROUP, LLC | Investment Advisor | $5,568 | — | $5,568 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,688
- Estimated Expense Ratio: 15.578% 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 | $331,496 | — | — | — | — |
| 2023 | $348,483 | — | — | — | — |
| 2022 | $284,029 | — | — | — | — |