Plan Snapshot
- Plan Sponsor: Martin'S Flooring
- Sponsor EIN: 232385853
- Sponsor Address: 608 DWIGHT ROAD, DENVER, PA, 17517
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 37
- Total Assets: $10,747
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 | 37 | $10,747 | $335,479 | $140,212 |
| 2023 | 36 | $4,119 | $354,970 | $141,540 |
| 2022 | 34 | $33,754 | $242,652 | $175,933 |
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 | Investment Advisor | $17,480 | — | $17,480 |
| ENGLE-HAMBRIGHT & DAVIES, INC. (EHD | Investment Advisor | $15,047 | — | $15,047 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,527
- Estimated Expense Ratio: 302.661% 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 | $473,669 | — | — | — | — |
| 2023 | $392,467 | — | — | — | — |
| 2022 | $433,072 | — | — | — | — |