Plan Snapshot
- Plan Sponsor: Penn Terminals, LLC.
- Sponsor EIN: 232420637
- Sponsor Address: ONE SAVILLE AVENUE, EDDYSTONE, PA, 19022
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 186
- Total Assets: $0
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 | 186 | $0 | $0 | $0 |
| 2023 | 206 | $735,336 | $3.8M | $1.0M |
| 2022 | 166 | $219,129 | $2.9M | $850,436 |
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 |
|---|---|---|---|---|
| AETNA HEALTH PLANS | Other Service Provider | $73,858 | — | $73,858 |
| THE BENECON GROUP | Investment Advisor | $38,699 | — | $38,699 |
| CONNECTCARE3 | Other Service Provider | $12,627 | — | $12,627 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,184
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 | — | — | — | — | — |
| 2023 | $116,717 | — | — | — | — |
| 2022 | $103,996 | — | — | — | — |