Plan Snapshot
- Plan Sponsor: Northeast Concepts, INC.
- Sponsor EIN: 232732273
- Sponsor Address: 2 WOODLAND DRIVE, DALLAS, PA, 18612
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 63
- Total Assets: $168,875
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 | 63 | $168,875 | $0 | $0 |
| 2024 | 67 | $33 | $65,727 | $48,960 |
| 2023 | 67 | $35,947 | $404,399 | $304,799 |
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 | Investment Advisor | $55,665 | — | $55,665 |
| HEALTHNOW | Other Service Provider | $39,734 | — | $39,734 |
| CORPORATE SYNERGIES GROUP, LLC | Investment Advisor | $28,800 | — | $28,800 |
| REVIVEHEALTH, INC. | Other Service Provider | $10,309 | — | $10,309 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $134,508
- Estimated Expense Ratio: 79.649% 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 | $861,810 | — | — | — | — |
| 2024 | $161,062 | — | — | — | — |
| 2023 | $709,694 | — | — | — | — |