Plan Snapshot
- Plan Sponsor: Lifepath, INC.
- Sponsor EIN: 237402943
- Sponsor Address: 3500 HIGH POINT BOULEVARD, BETHLEHEM, PA, 18017
- Plan Type: Health & Welfare
- Plan Number: 506
- Total Participants: 488
- Total Assets: $3.3M
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 | 488 | $3.3M | $7.6M | $1.2M |
| 2023 | 561 | $2.5M | $6.5M | $1.2M |
| 2022 | 555 | $2.6M | $6.2M | $1.0M |
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 |
|---|---|---|---|---|
| BSI CORPORATE BENEFITS | Investment Advisor | $243,871 | — | $243,871 |
| CAPITAL BLUECROSS | Other Service Provider | $184,948 | — | $184,948 |
| THE BENECON GROUP | Investment Advisor | $76,423 | — | $76,423 |
| INNOVU | Investment Advisor | $24,833 | — | $24,833 |
| CONNECTCARE3 | Other Service Provider | $23,021 | — | $23,021 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BSI CORPORATE BENEFITS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $553,096
- Estimated Expense Ratio: 16.643% 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 | $557,600 | — | — | — | — |
| 2023 | $546,678 | — | — | — | — |
| 2022 | $541,157 | — | — | — | $541,157 |