Plan Snapshot
- Plan Sponsor: Hygrade Metal Moulding Manufacturing Corp.
- Sponsor EIN: 111992329
- Sponsor Address: 1990 HIGHLAND AVENUE, BETHLEHEM, PA, 18020
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 94
- Total Assets: $63,700
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 | 94 | $63,700 | $914,715 | $201,887 |
| 2023 | 89 | $132,966 | $744,401 | $169,043 |
| 2022 | 75 | $30,040 | $0 | $0 |
| 2021 | 87 | $33,197 | $0 | $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 |
|---|---|---|---|---|
| BSI CORPORATE BENEFIT LLC | Investment Advisor | $64,753 | — | $64,753 |
| THE BENECON GROUP, LLC | Investment Advisor | $28,105 | — | $28,105 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $92,858
- Estimated Expense Ratio: 145.774% 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 | $1,471,129 | — | — | — | — |
| 2023 | $817,167 | — | — | — | — |
| 2022 | $638,520 | — | — | — | — |
| 2021 | $627,614 | — | — | — | — |