Plan Snapshot
- Plan Sponsor: P.A. Hutchison Company
- Sponsor EIN: 240618650
- Sponsor Address: 400 PENN AVENUE, MAYFIELD, PA, 184331813
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 99
- Total Assets: $341,719
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 | 99 | $341,719 | $0 | $0 |
| 2024 | 80 | $346,967 | $766,540 | $472,181 |
| 2023 | 84 | $61,893 | $567,026 | $537,043 |
| 2022 | 84 | $41,282 | $463,345 | $577,752 |
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 | $95,888 | — | $95,888 |
| CUMMINGS INSURANCE AGENCY | Investment Advisor | $34,883 | — | $34,883 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $130,771
- Estimated Expense Ratio: 38.269% 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 | $1,458,435 | — | — | — | — |
| 2024 | $966,768 | — | — | — | — |
| 2023 | $1,081,759 | — | — | — | — |
| 2022 | $1,070,044 | — | — | — | — |