Plan Snapshot
- Plan Sponsor: Pavone Group, INC.
- Sponsor EIN: 251672421
- Sponsor Address: 1006 MARKET STREET, HARRISBURG, PA, 17101
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 43
- Total Assets: $114,014
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 | 43 | $114,014 | $0 | $0 |
| 2024 | 54 | $39,888 | $470,705 | $352,003 |
| 2023 | 65 | $31,305 | $35,315 | $672,517 |
| 2022 | 61 | $2,074 | $49,515 | $0 |
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 | $46,451 | — | $46,451 |
| ENGLE, HAMBRIGHT & DAVIES, INC | Investment Advisor | $20,986 | — | $20,986 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,437
- Estimated Expense Ratio: 59.148% 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 | $815,369 | — | — | — | — |
| 2024 | $830,815 | — | — | — | — |
| 2023 | $697,807 | — | — | — | — |
| 2022 | $49,907 | — | — | — | — |