Plan Snapshot
- Plan Sponsor: Lagos, INC.
- Sponsor EIN: 232341897
- Sponsor Address: 441 NORTH 5TH STREET 4TH FLOOR, PHILADELPHIA, PA, 19123
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 123
- Total Assets: $360,221
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 | 123 | $360,221 | $0 | $0 |
| 2024 | 94 | $134,588 | $1.5M | $195,600 |
| 2023 | 96 | $9,812 | $1.3M | $123,415 |
| 2022 | 88 | $48,664 | $117,722 | $165,686 |
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 | $81,842 | — | $81,842 |
| CORPORATE SYNERGIES GROUP, LLC | Investment Advisor | $44,156 | — | $44,156 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $16,206 | — | $16,206 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $142,204
- Estimated Expense Ratio: 39.477% 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 | $1,899,678 | — | — | — | — |
| 2024 | $1,539,659 | — | — | — | — |
| 2023 | $1,664,146 | — | — | — | — |
| 2022 | $1,151,471 | — | — | — | — |