Plan Snapshot
- Plan Sponsor: Lykes Cartage Company
- Sponsor EIN: 751797191
- Sponsor Address: 590 GREENHILL DR., ROUND ROCK, TX, 78665
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 75
- Total Assets: $53,368
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 | 75 | $53,368 | $0 | $0 |
| 2024 | 77 | $46,733 | $989,806 | $254,791 |
| 2023 | 76 | $5,063 | $800,300 | $310,413 |
| 2022 | 71 | $49,496 | $727,499 | $243,528 |
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 | $92,379 | — | $92,379 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $36,723 | — | $36,723 |
| FROST INSURANCE AGENCY, INC. | Investment Advisor | $34,408 | — | $34,408 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $163,510
- Estimated Expense Ratio: 306.382% 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 | $1,557,728 | — | — | — | — |
| 2024 | $1,229,885 | — | — | — | — |
| 2023 | $1,257,623 | — | — | — | — |
| 2022 | $886,086 | — | — | — | — |