Plan Snapshot
- Plan Sponsor: Laminators Incorporated
- Sponsor EIN: 231636067
- Sponsor Address: 3255 PENN STREET, HATFIELD, PA, 19440
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 49
- Total Assets: $44,516
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. |
|---|---|---|---|---|
| 2024 | 49 | $44,516 | $661,411 | $135,510 |
| 2023 | 48 | $9,749 | $562,979 | $239,919 |
| 2022 | 48 | $5,326 | $469,291 | $232,111 |
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 |
|---|---|---|---|---|
| UNIVEST INSURANCE, LLC | Investment Advisor | $20,519 | — | $20,519 |
| THE BENECON GROUP | Investment Advisor | $17,330 | — | $17,330 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $7,952 | — | $7,952 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,801
- Estimated Expense Ratio: 102.887% 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 |
|---|---|---|---|---|---|
| 2024 | $722,376 | — | — | — | — |
| 2023 | $874,322 | — | — | — | — |
| 2022 | $616,006 | — | — | — | — |