Plan Snapshot
- Plan Sponsor: Norstam Veneers, INC.
- Sponsor EIN: 351174892
- Sponsor Address: 2990 OVERLOOK DRIVE SW, MAUCKPORT, IN, 471420032
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 40
- Total Assets: $5
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 | 40 | $5 | $0 | $0 |
| 2024 | 35 | $74,576 | $238,529 | $97,699 |
| 2023 | 38 | $1,998 | $195,497 | $96,230 |
| 2022 | 31 | $10,806 | $168,567 | $94,353 |
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 | $35,762 | — | $35,762 |
| SCHWARTZ INSURANCE GROUP | Investment Advisor | $11,875 | — | $11,875 |
| REVIVEHEALTH, INC. | Other Service Provider | $6,227 | — | $6,227 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $5,898 | — | $5,898 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,762
- Estimated Expense Ratio: 1195240.000% 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 | $508,995 | — | — | — | — |
| 2024 | $323,018 | — | — | — | — |
| 2023 | $305,211 | — | — | — | — |
| 2022 | $273,291 | — | — | — | — |