Plan Snapshot
- Plan Sponsor: Fastbridge Fiber, LLC
- Sponsor EIN: 881263678
- Sponsor Address: 1050 SPRING STREET, UNIT 2, READING, PA, 19610
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 71
- Total Assets: $19,258
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 | 71 | $19,258 | $0 | $0 |
| 2024 | 74 | $13,433 | $511,565 | $270,762 |
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 | $44,305 | — | $44,305 |
| PATRIOT (POWER-KUNKLE GROUP, INC.) | Investment Advisor | $30,993 | — | $30,993 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,298
- Estimated Expense Ratio: 390.996% 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 | $322,134 | — | — | — | — |
| 2024 | $794,013 | — | — | — | — |