Plan Snapshot
- Plan Sponsor: Healthcare Administrative Partners LLC
- Sponsor EIN: 043402562
- Sponsor Address: 112 CHELSEY DRIVE, MEDIA, PA, 190631762
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 88
- Total Assets: $0
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 | 88 | $0 | $0 | $0 |
| 2023 | 113 | $210,488 | $774,982 | $315,311 |
| 2022 | 100 | $40,594 | $696,097 | $322,260 |
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 |
|---|---|---|---|---|
| ONEDIGITAL (PHILADELPHIA) | Investment Advisor | $49,140 | — | $49,140 |
| THE BENECON GROUP, LLC | Investment Advisor | $31,365 | — | $31,365 |
| INDEPENDENCE ADMINISTRATORS (IA) | Other Service Provider | $10,319 | — | $10,319 |
| CONNECTCARE 3 | Other Service Provider | $6,458 | — | $6,458 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,282
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 | — | — | — | — | — |
| 2023 | $96,171 | — | $96,171 | — | — |
| 2022 | $93,036 | — | $93,036 | — | — |