Plan Snapshot
- Plan Sponsor: Housing Development Corporation Midatlantic
- Sponsor EIN: 231861343
- Sponsor Address: 8 WEST KING STREET STE 821, LANCASTER, PA, 176033284
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 93
- Total Assets: $9,405
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 | 93 | $9,405 | $1.1M | $291,113 |
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 |
|---|---|---|---|---|
| ASSURED PARTNERS (CENTRAL PA) | Investment Advisor | $37,488 | — | $37,488 |
| CAPITAL BLUECROSS | Other Service Provider | $37,104 | — | $37,104 |
| THE BENECON GROUP | Investment Advisor | $22,640 | — | $22,640 |
| CONNECTCARE3 | Other Service Provider | $6,384 | — | $6,384 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,616
- Estimated Expense Ratio: 1101.712% 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 | $1,641,677 | — | — | — | — |