Plan Snapshot
- Plan Sponsor: G.M. Mccrossin, INC.
- Sponsor EIN: 240837316
- Sponsor Address: 122 LEAHEY DRIVE, BELLEFONTE, PA, 16823
- Plan Type: Health & Welfare
- Plan Number: 520
- Total Participants: 45
- Total Assets: $24,960
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 | 45 | $24,960 | $0 | $0 |
| 2024 | 43 | $8,079 | $62,177 | $78,291 |
| 2023 | 43 | $3,984 | $452,966 | $57,575 |
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 | $39,165 | — | $39,165 |
| FIRST NATIONAL INSURANCE AGENCY | Investment Advisor | $17,255 | — | $17,255 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,420
- Estimated Expense Ratio: 226.042% 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 | $674,444 | — | — | — | — |
| 2024 | $138,547 | — | — | — | — |
| 2023 | $555,335 | — | — | — | — |