Plan Snapshot
- Plan Sponsor: J. R. Balsan, INC. Dba Johnstone Supply
- Sponsor EIN: 232809095
- Sponsor Address: 55 COUNTRY CLUB DRIVE, STE 201, DOWNINGTOWN, PA, 19335
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 123
- Total Assets: $460,844
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 | 123 | $460,844 | $1.1M | $273,671 |
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 | $70,425 | — | $70,425 |
| INDEPENDENCE ADMINISTRATORS (IA) | Other Service Provider | $27,470 | — | $27,470 |
| THE BENECON GROUP | Investment Advisor | $24,633 | — | $24,633 |
| CONNECTCARE3 | Other Service Provider | $8,545 | — | $8,545 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $131,073
- Estimated Expense Ratio: 28.442% 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 | $130,528 | — | $130,528 | — | — |