Plan Snapshot
- Plan Sponsor: Pinnacle Communications Corp.
- Sponsor EIN: 522208687
- Sponsor Address: 19821 EXECUTIVE PARK CIRCLE, GERMANTOWN, MD, 20874
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 94
- Total Assets: $41,818
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 | 94 | $41,818 | $1.2M | $520,151 |
| 2023 | 82 | $38,101 | $1.3M | $148 |
| 2022 | 62 | $64,046 | $521,101 | $444,136 |
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 CAPITAL GROUP (ARMFIELD, HARRIS | Investment Advisor | $39,039 | — | $39,039 |
| THE BENECON GROUP, LLC | Investment Advisor | $25,908 | — | $25,908 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $21,847 | — | $21,847 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,794
- Estimated Expense Ratio: 207.552% 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 |
|---|---|---|---|---|---|
| 2024 | $1,912,016 | — | — | — | — |
| 2023 | $1,453,009 | — | — | — | — |
| 2022 | $1,187,104 | — | — | — | — |