Plan Snapshot
- Plan Sponsor: Lungpacer Medical Usa INC
- Sponsor EIN: 472999913
- Sponsor Address: 260 SIERRA DRIVE, EXTON, PA, 19341
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 20
- Total Assets: $19,090
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 | 20 | $19,090 | $418,678 | $79,110 |
| 2023 | 21 | $36,628 | $369,879 | $90,022 |
| 2022 | 51 | $9,569 | $402,346 | $151,229 |
| 2020 | 34 | $3,025 | -$4,598 | $9,419 |
| 2019 | 34 | $43,666 | $375,871 | $122,782 |
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 |
|---|---|---|---|---|
| BIRCH BENEFITS, LLC | Investment Advisor | $10,880 | — | $10,880 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $8,690 | — | $8,690 |
| THE BENECON GROUP, LLC | Investment Advisor | $6,727 | — | $6,727 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,297
- Estimated Expense Ratio: 137.753% 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 | $535,721 | — | — | — | — |
| 2023 | $461,212 | — | — | — | — |
| 2022 | $571,340 | — | — | — | — |
| 2020 | $13,167 | — | — | — | — |
| 2019 | $517,665 | — | — | — | — |