Plan Snapshot
- Plan Sponsor: Monarch Products Company, INC.
- Sponsor EIN: 231903909
- Sponsor Address: 385 SIPE ROAD, YORK HAVEN, PA, 173709219
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 55
- Total Assets: $251,268
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 | 55 | $251,268 | $0 | $0 |
| 2024 | 49 | $256,153 | $104,023 | $42,678 |
| 2023 | 45 | $268,046 | $596,829 | $310,244 |
| 2022 | 45 | $218,084 | $499,103 | $318,708 |
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 | $63,851 | — | $63,851 |
| E. K. MCCONKEY & CO., INC. | Investment Advisor | $16,551 | — | $16,551 |
| HIGHMARK BLUE SHIELD (CENTRAL) | Other Service Provider | $12,030 | — | $12,030 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $92,432
- Estimated Expense Ratio: 36.786% 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 | $1,058,837 | — | — | — | — |
| 2024 | $130,466 | — | — | — | — |
| 2023 | $913,224 | — | — | — | — |
| 2022 | $647,895 | — | — | — | — |