Plan Snapshot
- Plan Sponsor: Freeport Transport Industries, INC.
- Sponsor EIN: 251704081
- Sponsor Address: 1200 BUTLER ROAD, FREEPORT, PA, 16229
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 52
- Total Assets: $139,124
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 | 52 | $139,124 | $0 | $0 |
| 2024 | 55 | $72,146 | $805,211 | $195,064 |
| 2023 | 67 | $15,264 | $786,231 | $183,532 |
| 2022 | 64 | $11,217 | $665,181 | $175,283 |
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 | $58,157 | — | $58,157 |
| COURY HEALTH SERVICES, LLC | Investment Advisor | $18,840 | — | $18,840 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,997
- Estimated Expense Ratio: 55.344% 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 | $931,660 | — | — | — | — |
| 2024 | $910,930 | — | — | — | — |
| 2023 | $983,860 | — | — | — | — |
| 2022 | $934,461 | — | — | — | — |