Plan Snapshot
- Plan Sponsor: Peoplesbank
- Sponsor EIN: 230962030
- Sponsor Address: 105 LEADER HEIGHTS ROAD, YORK, PA, 17403
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 0
- 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 | 0 | $0 | $2.1M | $554,089 |
| 2023 | 254 | $1.5M | $3.0M | $661,370 |
| 2022 | 249 | $1.6M | $0 | $2.1M |
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 |
|---|---|---|---|---|
| UNIMERICA INSURANCE COMPANY | Other Service Provider | $720,514 | — | $720,514 |
| HIGHMARK BLUE SHIELD | Other Service Provider | $68,720 | — | $68,720 |
| L.R. WEBBER ASSOCIATES | Other Service Provider | $43,173 | — | $43,173 |
| THE BENECON GROUP, INC. | Other Service Provider | $33,501 | — | $33,501 |
| PBASC | Other Service Provider | $8,405 | — | $8,405 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $874,313
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 | $848,811 | $63,108 | $70,857 | — | — |
| 2023 | $1,054,413 | $79,324 | $13,143 | — | — |
| 2022 | $1,029,957 | $73,638 | $19,539 | — | — |