Plan Snapshot
- Plan Sponsor: King Construction Company LLC
- Sponsor EIN: 232220475
- Sponsor Address: 525 HOLLANDER ROAD, NEW HOLLAND, PA, 17557
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 45
- Total Assets: $21,958
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 | 45 | $21,958 | $0 | $0 |
| 2024 | 44 | $69,128 | $378,957 | $51,079 |
| 2023 | 41 | $25,967 | $267,753 | $57,539 |
| 2022 | 41 | $147,740 | $256,553 | $56,479 |
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 | $13,613 | — | $13,613 |
| STRICKLER AGENCY, INC. | Investment Advisor | $12,840 | — | $12,840 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,453
- Estimated Expense Ratio: 120.471% 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 | $3,816 | — | — | — | — |
| 2024 | $472,007 | — | — | — | — |
| 2023 | $506,792 | — | — | — | — |
| 2022 | $326,751 | — | — | — | — |