Plan Snapshot
- Plan Sponsor: L & M Fabrication And Machine, INC.
- Sponsor EIN: 231695529
- Sponsor Address: 6814 CHRISPHALT DRIVE, BATH, PA, 18014
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 37
- Total Assets: $89,269
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 | 37 | $89,269 | $0 | $0 |
| 2024 | 41 | $5,767 | $704,620 | $44,957 |
| 2023 | 52 | $39,763 | $466,646 | $89,113 |
| 2022 | 53 | $66,522 | $536,063 | $112,664 |
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 |
|---|---|---|---|---|
| BENECON GROUP, LLC | Investment Advisor | $35,021 | — | $35,021 |
| BSI CORPORATE BENEFITS | Investment Advisor | $24,534 | — | $24,534 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,555
- Estimated Expense Ratio: 66.714% 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 | $539,013 | — | — | — | — |
| 2024 | $718,058 | — | — | — | — |
| 2023 | $568,391 | — | — | — | — |
| 2022 | $811,731 | — | — | — | — |