Plan Snapshot
- Plan Sponsor: Lingatech, INC.
- Sponsor EIN: 455545842
- Sponsor Address: 3800 MARKET STREET, CAMP HILL, PA, 17011
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 56
- Total Assets: $9,549
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 | 56 | $9,549 | $303,304 | $143,348 |
| 2023 | 55 | $2,930 | $275,052 | $126,254 |
| 2022 | 68 | $15,783 | $254,179 | $88,670 |
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 | $12,040 | — | $12,040 |
| BENEFIT CONNECTION | Investment Advisor | $10,726 | — | $10,726 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,766
- Estimated Expense Ratio: 238.412% 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 | $449,592 | — | — | — | — |
| 2023 | $417,132 | — | — | — | — |
| 2022 | $355,628 | — | — | — | — |