Plan Snapshot
- Plan Sponsor: H.P.M. Industries, INC. Dba Atlas Pressed Metals
- Sponsor EIN: 251372569
- Sponsor Address: 125 TOM MIX DRIVE, DUBOIS, PA, 15801
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 78
- Total Assets: $473,075
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 | 78 | $473,075 | $0 | $0 |
| 2024 | 73 | $167,995 | $324,666 | $28,292 |
| 2023 | 78 | $6,722 | $1.4M | $0 |
| 2022 | 80 | $140,178 | $1.1M | $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 | Investment Advisor | $97,915 | — | $97,915 |
| FIRST COMMONWEALTH INS AGENCY | Investment Advisor | $27,990 | — | $27,990 |
| UPMC BENEFIT MANAGEMENT SERVICES | Other Service Provider | $11,525 | — | $11,525 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $137,430
- Estimated Expense Ratio: 29.050% 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 | $1,669,648 | — | — | — | — |
| 2024 | $479,328 | — | — | — | — |
| 2023 | $1,474,970 | — | — | — | — |
| 2022 | $1,291,561 | — | — | — | — |