Plan Snapshot
- Plan Sponsor: K B S, INC.
- Sponsor EIN: 231716741
- Sponsor Address: 4924 LINCOLN HIGHWAY WEST, THOMASVILLE, PA, 17364
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 32
- Total Assets: $552,368
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 | 32 | $552,368 | $702,052 | $136,254 |
| 2023 | 33 | $364,357 | $838,656 | $151,438 |
| 2022 | 40 | $167,650 | $768,116 | $143,559 |
| 2020 | 45 | $23,967 | $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 |
|---|---|---|---|---|
| MCCONKEY BENEFITS & FINANCIAL SERV | Investment Advisor | $10,994 | — | $10,994 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,994
- Estimated Expense Ratio: 1.990% 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 | $442,399 | — | — | — | — |
| 2023 | $1,020,965 | — | — | — | — |
| 2022 | $877,562 | — | — | — | — |
| 2020 | $765,555 | — | — | — | — |