Plan Snapshot
- Plan Sponsor: Gorski Engineering, INC.
- Sponsor EIN: 200450234
- Sponsor Address: 1 IRON BRIDGE DRIVE, COLLEGEVILLE, PA, 19426
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 29
- Total Assets: $186,307
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 | 29 | $186,307 | $0 | $0 |
| 2024 | 38 | $129,884 | $519,620 | $0 |
| 2023 | 39 | $26,978 | $427,579 | $0 |
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, LLC | Investment Advisor | $32,006 | — | $32,006 |
| BIRCH BENEFITS, LLC | Investment Advisor | $15,404 | — | $15,404 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $7,898 | — | $7,898 |
| REVIVEHEALTH, INC. | Other Service Provider | $5,044 | — | $5,044 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,352
- Estimated Expense Ratio: 32.394% 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 | $424,734 | — | — | — | — |
| 2024 | $413,496 | — | — | — | — |
| 2023 | $455,636 | — | — | — | — |