Plan Snapshot
- Plan Sponsor: Occupational Services INC
- Sponsor EIN: 231507464
- Sponsor Address: 17 REDWOOD STREET, CHAMBERSBURG, PA, 17201
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 33
- Total Assets: $396,231
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 | 33 | $396,231 | $433,754 | $46,956 |
| 2023 | 31 | $62,514 | $412,861 | $38,577 |
| 2022 | 32 | $636,110 | $359,940 | $59,508 |
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 | $11,500 | — | $11,500 |
| STRICKLER AGENCY, INC. | Investment Advisor | $10,200 | — | $10,200 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,700
- Estimated Expense Ratio: 5.477% 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 | $161,156 | — | — | — | — |
| 2023 | $1,071,223 | — | — | — | — |
| 2022 | -$78,732 | — | — | — | — |