Plan Snapshot
- Plan Sponsor: Novus Surgical Consultants LLC
- Sponsor EIN: 853089440
- Sponsor Address: 1970 BROAD STREET, EAST PETERSBURG, PA, 17520
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 89
- Total Assets: $91,080
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 | 89 | $91,080 | $0 | $0 |
| 2024 | 92 | $6,463 | $240,737 | $277,104 |
| 2023 | 40 | $14,441 | $8,663 | $19,726 |
| 2022 | 61 | $10,186 | $143,125 | $180,789 |
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 | $46,922 | — | $46,922 |
| BSI CORPORATE BENEFITS, LLC | Investment Advisor | $36,370 | — | $36,370 |
| HY HOLDINGS INC | Other Service Provider | $6,212 | — | $6,212 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,504
- Estimated Expense Ratio: 98.270% 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 | $501,388 | — | — | — | — |
| 2024 | $635,831 | — | — | — | — |
| 2023 | $21,000 | — | — | — | — |
| 2022 | $374,900 | — | — | — | — |