Plan Snapshot
- Plan Sponsor: Metropolitan Management Group
- Sponsor EIN: 232807918
- Sponsor Address: 2001 STATE HILL ROAD, SUITE 205, WYOMISSING, PA, 19610
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 135
- Total Assets: $306,998
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 | 135 | $306,998 | $849,972 | $621,501 |
| 2023 | 113 | $94,214 | $680,217 | $498,371 |
| 2022 | 109 | $112,590 | $512,753 | $400,382 |
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 |
|---|---|---|---|---|
| PATRIOT (POWER-KUNKLE GROUP, INC.) | Investment Advisor | $57,871 | — | $57,871 |
| THE BENECON GROUP, LLC | Investment Advisor | $30,551 | — | $30,551 |
| CAPITAL BLUECROSS | Other Service Provider | $10,911 | — | $10,911 |
| CONNECTCARE3, LLC | Other Service Provider | $8,615 | — | $8,615 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $107,948
- Estimated Expense Ratio: 35.162% 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 | $1,299,724 | — | — | — | — |
| 2023 | $1,125,283 | — | — | — | — |
| 2022 | $986,338 | — | — | — | — |