# Kent &amp; Mcbride, P.C. Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/kent-mcbride-p-c-232757378-501

> Kent &amp; Mcbride, P.C.&#39;s Health &amp; Welfare plan: 61 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Kent & Mcbride, P.C.

- **Sponsor EIN:** 232757378

- **Sponsor Address:** 1040 KINGS HIGHWAY NORTH, SUITE 600, CHERRY HILL, NJ, 08034

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 61

- **Total Assets:** $280,805

## 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|61|$280,805|$1.2M|$125,424|

| 2023|45|$276,015|$933,810|$272,538|

| 2022|45|$2,333|$1.1M|$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|$39,750|—|$39,750|

| THE BENECON GROUP|Investment Advisor|$15,418|—|$15,418|

| AMERIHEALTH ADMINISTRATORS, INC.|Other Service Provider|$6,922|—|$6,922|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $62,090

- **Estimated Expense Ratio:** 22.111% 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|$747,713|—|—|—|—|

| 2023|$1,516,818|—|—|—|—|

| 2022|$1,245,062|—|—|—|—|

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