Plan Snapshot
- Plan Sponsor: Groff'S Heating Air Conditioning & Plumbing, INC.
- Sponsor EIN: 232830723
- Sponsor Address: 3012 WILLOW STREET PIKE NORTH, WILLOW STREET, PA, 17584
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 80
- Total Assets: $158,069
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 | 80 | $158,069 | $0 | $0 |
| 2024 | 121 | $179,248 | $60,190 | $16,704 |
| 2023 | 115 | $190,670 | $667,805 | $197,423 |
| 2022 | 74 | $297,825 | $557,932 | $153,856 |
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 | $70,237 | — | $70,237 |
| CCAB INSURANCE & BENEFITS, INC. | Investment Advisor | $24,920 | — | $24,920 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $95,157
- Estimated Expense Ratio: 60.200% 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 | $1,180,358 | — | — | — | — |
| 2024 | $117,040 | — | — | — | — |
| 2023 | $1,019,485 | — | — | — | — |
| 2022 | $708,414 | — | — | — | — |