Plan Snapshot
- Plan Sponsor: Korber Pharma Packaging Materials LLC
- Sponsor EIN: 475593447
- Sponsor Address: 1200 FERRY AVENUE, CAMDEN, NJ, 08104
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 95
- Total Assets: $475,031
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 | 95 | $475,031 | $0 | $0 |
| 2024 | 79 | $99,270 | $1.7M | $583,635 |
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 | $108,741 | — | $108,741 |
| PATRIOT (EXUDE, INC.) | Investment Advisor | $54,264 | — | $54,264 |
| MERITAIN HEALTH | Other Service Provider | $40,652 | — | $40,652 |
| REVIVEHEALTH, INC. | Other Service Provider | $13,832 | — | $13,832 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $217,489
- Estimated Expense Ratio: 45.784% 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 | $2,181,459 | — | — | — | — |
| 2024 | $2,278,980 | — | — | — | — |