# Gemini Bakery Equipment Company Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/gemini-bakery-equipment-company-231878709-501

> Gemini Bakery Equipment Company&#39;s Health &amp; Welfare plan: 125 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|—|—|

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