Plan Snapshot
- Plan Sponsor: Party Reflections, INC.
- Sponsor EIN: 561379734
- Sponsor Address: PO BOX 411047, CHARLOTTE, NC, 28241
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 63
- Total Assets: $15,630
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 | 63 | $15,630 | $365,551 | $321,239 |
| 2023 | 56 | $43,008 | $312,737 | $279,646 |
| 2022 | 56 | $31,978 | $284,642 | $265,100 |
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 |
|---|---|---|---|---|
| MEDCOST LLC | Other Service Provider | $28,839 | — | $28,839 |
| THE BENECON GROUP, LLC | Investment Advisor | $17,276 | — | $17,276 |
| ECM SOLUTIONS | Investment Advisor | $17,125 | — | $17,125 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,240
- Estimated Expense Ratio: 404.607% 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 | $798,656 | — | — | — | — |
| 2023 | $609,140 | — | — | — | — |
| 2022 | $805,681 | — | — | — | — |