Plan Snapshot
- Plan Sponsor: Patricio Enterprises, INC.
- Sponsor EIN: 510524949
- Sponsor Address: 525 CORPORATE DRIVE, STAFFORD, VA, 22554
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 102
- Total Assets: $50,231
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 | 102 | $50,231 | $956,124 | $326,010 |
| 2023 | 104 | $64,997 | $1.1M | $377,156 |
| 2022 | 143 | $196,951 | $895,089 | $517,562 |
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 |
|---|---|---|---|---|
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $67,018 | — | $67,018 |
| THE CAPITAL GROUP, LLC | Investment Advisor | $48,052 | — | $48,052 |
| THE BENECON GROUP, LLC | Investment Advisor | $19,853 | — | $19,853 |
| CONNECTCARE3 | Other Service Provider | $6,498 | — | $6,498 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $141,421
- Estimated Expense Ratio: 281.541% 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 | $395,842 | $26,351 | $115,070 | — | — |
| 2023 | $506,155 | — | $34,287 | — | — |
| 2022 | $532,353 | — | $36,772 | — | — |