Plan Snapshot
- Plan Sponsor: Interstate Building Maintenance Corporation
- Sponsor EIN: 232642196
- Sponsor Address: 508 PRUDENTIAL ROAD, SUITE 100, HORSHAM, PA, 19044
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 59
- Total Assets: $308,385
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 | 59 | $308,385 | $0 | $0 |
| 2024 | 61 | $37,018 | $604,889 | $298,625 |
| 2023 | 71 | $39,670 | $528,720 | $294,207 |
| 2022 | 72 | $0 | $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 |
|---|---|---|---|---|
| STERLING BENEFITS, LLC | Investment Advisor | $20,634 | — | $20,634 |
| THE BENECON GROUP | Investment Advisor | $17,764 | — | $17,764 |
| REVIVEHEALTH, INC. | Other Service Provider | $9,399 | — | $9,399 |
| INDEPENDENCE ADMINISTRATORS (IA) | Other Service Provider | $8,456 | — | $8,456 |
| VILANOVA HEALTH AGENCY LLC | Investment Advisor | $6,840 | — | $6,840 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,093
- Estimated Expense Ratio: 20.459% 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 | $778,805 | — | — | — | — |
| 2024 | $1,662,613 | — | — | — | — |
| 2023 | $1,167,243 | — | — | — | — |
| 2022 | — | — | — | — | — |