Plan Snapshot
- Plan Sponsor: Prelude Systems, INC.
- Sponsor EIN: 232942042
- Sponsor Address: 5095 RITTER ROAD, SUITE 112, MECHANICSBURG, PA, 17055
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 89
- Total Assets: $331,181
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 | 89 | $331,181 | $1.0M | $0 |
| 2023 | 0 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|
| MCCONKEY BENEFITS | Investment Advisor | $31,595 | — | $31,595 |
| BENEFITMALL | Other Service Provider | $6,456 | — | $6,456 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,051
- Estimated Expense Ratio: 11.489% 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 | $886,116 | — | — | — | — |
| 2023 | -$120,225 | — | — | — | — |