Plan Snapshot
- Plan Sponsor: Knowlton & Sons Masonry Const. INC
- Sponsor EIN: 320071926
- Sponsor Address: PO BOX 430, CLIFFORD, PA, 18413
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 28
- Total Assets: $80,144
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 | 28 | $80,144 | $0 | $0 |
| 2024 | 35 | $6,756 | $316,570 | $112,592 |
| 2023 | 27 | $111,585 | $306,358 | $131,328 |
| 2022 | 50 | $62,660 | $341,885 | $157,947 |
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 | $28,748 | — | $28,748 |
| CUMMINGS INSURANCE AGENCY | Investment Advisor | $10,045 | — | $10,045 |
| HIGHMARK BCBS NEPA | Other Service Provider | $8,242 | — | $8,242 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,035
- Estimated Expense Ratio: 58.688% 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 | $400,809 | — | — | — | — |
| 2024 | $585,062 | — | — | — | — |
| 2023 | $368,337 | — | — | — | — |
| 2022 | $380,826 | — | — | — | — |