Plan Snapshot
- Plan Sponsor: Keystone Independence Management
- Sponsor EIN: 251876726
- Sponsor Address: 3056 EAST STATE STREET, HERMITAGE, PA, 16148
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 29
- Total Assets: $24,006
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. |
|---|---|---|---|---|
| 2025 | 29 | $24,006 | $0 | $0 |
| 2024 | 32 | $203,564 | $581,262 | $66,431 |
| 2023 | 32 | $2,701 | $465,623 | $50,498 |
| 2022 | 33 | $0 | $283,703 | $158,193 |
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 | $36,603 | — | $36,603 |
| HIGHSTREET INSURANCE SERVICES | Investment Advisor | $9,300 | — | $9,300 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,903
- Estimated Expense Ratio: 191.215% 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 |
|---|---|---|---|---|---|
| 2025 | $705,733 | — | — | — | — |
| 2024 | $469,984 | — | — | — | — |
| 2023 | $527,402 | — | — | — | — |
| 2022 | $801,548 | — | — | — | — |