Plan Snapshot
- Plan Sponsor: Kendal-Crosslands Communities
- Sponsor EIN: 231906212
- Sponsor Address: 1109 EAST BALTIMORE PIKE, KENNETT SQUARE, PA, 19348
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 281
- Total Assets: $2.3M
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 | 281 | $2.3M | $5.3M | $1.4M |
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 |
|---|---|---|---|---|
| THE BENECON GROUP LLC | Investment Advisor | $54,697 | — | $54,697 |
| INDEPENDENCE ADMINISTRATORS | Other Service Provider | $52,769 | — | $52,769 |
| LR WEBBER | Investment Advisor | $52,425 | — | $52,425 |
| CONNECTCARE3 | Other Service Provider | $13,244 | — | $13,244 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $173,135
- Estimated Expense Ratio: 7.507% 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 | $1,772,559 | $78,170 | $88,999 | — | — |