Plan Snapshot
- Plan Sponsor: Hardt Precision LLC
- Sponsor EIN: 880813020
- Sponsor Address: 330 EAST CUNNINGHAM STREET, BUTLER, PA, 16001
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 34
- Total Assets: $168,550
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 | 34 | $168,550 | $572,100 | $33,793 |
| 2023 | 35 | $130,769 | $427,893 | $50,871 |
| 2022 | 33 | $200 | $254,467 | $24,618 |
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 |
|---|---|---|---|---|
| HIGHMARK WEST | Other Service Provider | $17,146 | — | $17,146 |
| THE BENECON GROUP, LLC | Investment Advisor | $12,767 | — | $12,767 |
| COURY HEALTH SERVICES, LLC | Investment Advisor | $12,210 | — | $12,210 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,123
- Estimated Expense Ratio: 24.991% 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 | $574,999 | — | — | — | — |
| 2023 | $367,921 | — | — | — | — |
| 2022 | $243,529 | — | — | — | — |