Plan Snapshot
- Plan Sponsor: Krasno & Krasno
- Sponsor EIN: 231919305
- Sponsor Address: 400 NORTH SECOND STREET, POTTSVILLE, PA, 17901
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 54
- Total Assets: $6,598
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 | 54 | $6,598 | $0 | $0 |
| 2024 | 48 | $642 | $78,526 | $25,548 |
| 2023 | 49 | $7,572 | $492,382 | $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 |
|---|---|---|---|---|
| THE BENECON GROUP | Investment Advisor | $42,550 | — | $42,550 |
| PCF INSURANCE SERVICES OF THE WEST, | Investment Advisor | $14,280 | — | $14,280 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,830
- Estimated Expense Ratio: 861.322% 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 | $575,731 | — | — | — | — |
| 2024 | $138,640 | — | — | — | — |
| 2023 | $572,029 | — | — | — | — |