Plan Snapshot
- Plan Sponsor: Glade Run Lutheran Services
- Sponsor EIN: 250974320
- Sponsor Address: 30 GLADE RUN DRIVE, ZELIENOPLE, PA, 16063
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 155
- Total Assets: $742,342
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. |
|---|---|---|---|---|
| 2024 | 155 | $742,342 | $1.8M | $640,017 |
| 2023 | 154 | $874,498 | $2.1M | $622,002 |
| 2022 | 153 | $322,187 | $1.6M | $519,996 |
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 |
|---|---|---|---|---|
| HEALTHNOW | Other Service Provider | $84,134 | — | $84,134 |
| THE BENECON GROUP, LLC | Investment Advisor | $37,025 | — | $37,025 |
| CONNECTCARE3 | Other Service Provider | $10,296 | — | $10,296 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $131,455
- Estimated Expense Ratio: 17.708% 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 |
|---|---|---|---|---|---|
| 2024 | $709,845 | — | $134,899 | — | — |
| 2023 | $669,654 | — | $192,800 | — | — |
| 2022 | $477,325 | — | $92,612 | — | — |