Plan Snapshot
- Plan Sponsor: Pleasant Mount Welding, INC.
- Sponsor EIN: 232515052
- Sponsor Address: 45 DUNDAFF STREET, CARBONDALE, PA, 184071801
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 101
- Total Assets: $670,596
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 | 101 | $670,596 | $0 | $0 |
| 2024 | 98 | $380,986 | $1.4M | $12,345 |
| 2023 | 86 | $159,311 | $869,301 | $129,335 |
| 2022 | 91 | $47,944 | $772,015 | $42,588 |
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 |
|---|---|---|---|---|
| HEALTHNOW | Other Service Provider | $87,180 | — | $87,180 |
| THE BENECON GROUP, LLC | Investment Advisor | $70,312 | — | $70,312 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $157,492
- Estimated Expense Ratio: 23.485% 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 | $1,349,906 | — | — | — | — |
| 2024 | $1,151,955 | — | — | — | — |
| 2023 | $935,326 | — | — | — | — |
| 2022 | $892,315 | — | — | — | — |