Plan Snapshot
- Plan Sponsor: Meridian Products LLC
- Sponsor EIN: 233055953
- Sponsor Address: 124 EARLAND DRIVE, NEW HOLLAND, PA, 17557
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 100
- Total Assets: $44,432
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 | 100 | $44,432 | $0 | $0 |
| 2024 | 102 | $216,442 | $1.8M | $336,505 |
| 2023 | 105 | $625,396 | $1.7M | $324,880 |
| 2022 | 110 | $488,558 | $1.7M | $339,040 |
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 | $90,024 | — | $90,024 |
| ASSURED PARTNERS (CENTRAL PA) | Investment Advisor | $25,640 | — | $25,640 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $115,664
- Estimated Expense Ratio: 260.317% 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 | $1,413,775 | — | — | — | — |
| 2024 | $2,800,888 | — | — | — | — |
| 2023 | $1,936,623 | — | — | — | — |
| 2022 | $1,553,407 | — | — | — | — |