Plan Snapshot
- Plan Sponsor: Patton, LLC
- Sponsor EIN: 882628752
- Sponsor Address: 7622 RICKENBACKER DR., GAITHERSBURG, MD, 20879
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 30
- Total Assets: $30,459
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 | 30 | $30,459 | $0 | $0 |
| 2024 | 29 | $180,701 | $472,446 | $91,858 |
| 2023 | 30 | $141,018 | $330,571 | $144,614 |
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 | $41,846 | — | $41,846 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $24,296 | — | $24,296 |
| INSURANCE SOLUTIONS (HILB GROUP, IS | Investment Advisor | $12,622 | — | $12,622 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,764
- Estimated Expense Ratio: 258.590% 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 | $873,448 | — | — | — | — |
| 2024 | $547,714 | — | — | — | — |
| 2023 | $427,784 | — | — | — | — |