Plan Snapshot
- Plan Sponsor: Mid-Atlantic Machinery, INC.
- Sponsor EIN: 251669425
- Sponsor Address: 6332 FLANK DRIVE, HARRISBURG, PA, 17112
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 66
- Total Assets: $89,518
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 | 66 | $89,518 | $1.0M | $202,797 |
| 2023 | 61 | $62,034 | $783,569 | $144,122 |
| 2022 | 56 | $38,155 | $532,503 | $83,897 |
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 | $23,719 | — | $23,719 |
| ASSURED PARTNERS (CENTRAL PA) | Investment Advisor | $12,600 | — | $12,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,319
- Estimated Expense Ratio: 40.572% 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 | $1,142,163 | — | — | — | — |
| 2023 | $922,973 | — | — | — | — |
| 2022 | $705,257 | — | — | — | — |