Plan Snapshot
- Plan Sponsor: Peoples Security Bank And Trust Company
- Sponsor EIN: 240603570
- Sponsor Address: 30 E D PREATE DRIVE, MOOSIC, PA, 18507
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 394
- Total Assets: $1.1M
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 | 394 | $1.1M | $0 | $0 |
| 2024 | 391 | $1.4M | $3.7M | $1.3M |
| 2023 | 277 | $1.1M | $2.8M | $1.1M |
| 2022 | 276 | $1.1M | $2.4M | $1.1M |
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 |
|---|---|---|---|---|
| HIGHMARK BCBS NEPA | Other Service Provider | $319,223 | — | $319,223 |
| BSI CORPORATE BENEFITS, INC. | Investment Advisor | $132,972 | — | $132,972 |
| LR WEBBER | Investment Advisor | $94,953 | — | $94,953 |
| THE BENECON GROUP, LLC | Investment Advisor | $55,205 | — | $55,205 |
| PRIME THERAPEUTICS | Other Service Provider | $48,024 | — | $48,024 |
| PBASC | Other Service Provider | $13,831 | — | $13,831 |
| YOUNG, OAKES, BROWN & CO | Other Service Provider | $11,365 | — | $11,365 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $675,573
- Estimated Expense Ratio: 59.700% 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 | $7,428,196 | $154,491 | $512,770 | — | — |
| 2024 | $1,337,623 | $109,346 | $235,237 | — | — |
| 2023 | $962,470 | $84,377 | $42,937 | — | — |
| 2022 | $877,930 | $79,633 | $36,552 | — | — |