Plan Snapshot
- Plan Sponsor: Grotto Pizza, INC.
- Sponsor EIN: 510110329
- Sponsor Address: 20376 COASTAL HIGHWAY, REHOBOTH BEACH, DE, 19971
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 106
- Total Assets: $100,149
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 | 106 | $100,149 | $1.1M | $412,289 |
| 2023 | 104 | $62,785 | $723,208 | $366,481 |
| 2022 | 97 | $5,293 | $567,896 | $378,977 |
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 |
|---|---|---|---|---|
| LUCENT HEALTH | Other Service Provider | $47,066 | — | $47,066 |
| PATRIOT (THE SAFEGARD GROUP, INC.) | Investment Advisor | $44,982 | — | $44,982 |
| THE BENECON GROUP, LLC | Investment Advisor | $26,274 | — | $26,274 |
| CONNECTCARE3 | Other Service Provider | $7,303 | — | $7,303 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,625
- Estimated Expense Ratio: 125.438% 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 | $1,351,932 | — | — | — | — |
| 2023 | $1,071,793 | — | — | — | — |
| 2022 | $1,198,364 | — | — | — | — |