Plan Snapshot
- Plan Sponsor: Gemini Bakery Equipment Company
- Sponsor EIN: 231878709
- Sponsor Address: 9990 GANTRY ROAD, PHILADELPHIA, PA, 191151002
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 125
- Total Assets: $0
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 | 125 | $0 | $0 | $0 |
| 2024 | 100 | $199,307 | $2,115 | $1.7M |
| 2023 | 96 | $362,337 | $1.2M | $353,517 |
| 2022 | 90 | $336,239 | $1.2M | $340,531 |
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 |
|---|---|---|---|---|
| INDEPENDENCE ADMINISTRATORS | Other Service Provider | $35,649 | — | $35,649 |
| INNOVATIVE BENEFIT PLANNING, LLC | Investment Advisor | $35,130 | — | $35,130 |
| THE BENECON GROUP | Investment Advisor | $21,991 | — | $21,991 |
| CONNECTCARE3 | Other Service Provider | $6,206 | — | $6,206 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,976
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 | — | — | — | — | — |
| 2024 | $1,864,848 | — | — | — | — |
| 2023 | $1,567,865 | — | — | — | — |
| 2022 | $1,421,045 | — | — | — | — |