Plan Snapshot
- Plan Sponsor: Nitterhouse Concrete Products, INC.
- Sponsor EIN: 231498432
- Sponsor Address: 2655 MOLLY PITCHER HIGHWAY, CHAMBERSBURG, PA, 17201
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 96
- Total Assets: $655,670
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 | 96 | $655,670 | $404,826 | $1.7M |
| 2023 | 141 | $475,678 | $403,453 | $1.5M |
| 2022 | 137 | $683,318 | $469,821 | $1.2M |
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 |
|---|---|---|---|---|
| MCCONKEY BENEFITS & FINANCIAL SERV | Investment Advisor | $42,874 | — | $42,874 |
| BENEFITMALL | Other Service Provider | $8,874 | — | $8,874 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,748
- Estimated Expense Ratio: 7.892% 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 | $581,810 | — | $2,109 | — | — |
| 2023 | $631,837 | — | $86,297 | $5,980 | — |
| 2022 | $598,501 | — | $91,542 | — | — |