Plan Snapshot
- Plan Sponsor: Mutual Benefit Insurance Company
- Sponsor EIN: 236200024
- Sponsor Address: 409 PENN STREET, HUNTINGDON, PA, 16652
- Plan Type: DC
- Total Participants: 112
- Total Assets: $29.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 112 | $29.9M | $493,776 | $868,437 |
| 2023 | 110 | $27.1M | $537,533 | $985,808 |
| 2022 | 144 | $24.2M | $616,093 | $1.1M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $68,006 | — | $68,006 |
| CAMBRIDGE INVESTMENT RESEARCH ADVIS | INVESTMENT ADVISORY | — | $50,147 | $50,147 |
| BROWN PLUS ACCOUNTANTS AND ADVISORS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BROWN PLUS ACCOUNTANTS AND ADVISORS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $118,153
- Estimated Expense Ratio: 0.395% 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 | $68,007 | — | $68,007 | — | — |
| 2023 | $72,437 | — | $72,437 | — | — |
| 2022 | $74,115 | — | $74,115 | — | — |