Plan Snapshot
- Plan Sponsor: Kennies Markets, INC.
- Sponsor EIN: 231579478
- Sponsor Address: 790 W. KING ST. SUITE 4, LITTLESTOWN, PA, 17340
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 84
- Total Assets: $302,365
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 | 84 | $302,365 | $624,436 | $190,270 |
| 2023 | 74 | $5,976 | $610,207 | $36,228 |
| 2022 | 74 | $10,586 | $566,950 | $70,340 |
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 |
|---|---|---|---|---|
| E. K. MCCONKEY | Investment Advisor | $26,237 | — | $26,237 |
| BENEFITMALL | Other Service Provider | $5,367 | — | $5,367 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,604
- Estimated Expense Ratio: 10.452% 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 | $529,538 | — | — | — | — |
| 2023 | $784,026 | — | — | — | — |
| 2022 | $747,207 | — | — | — | — |