Plan Snapshot
- Plan Sponsor: Press-Enterprise, INC.
- Sponsor EIN: 240829772
- Sponsor Address: 3185 LACKAWANNA AVE, BLOOMSBURG, PA, 178153329
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 59
- Total Assets: $163,397
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 | 59 | $163,397 | $0 | $0 |
| 2024 | 59 | $113,207 | $783,609 | $237,702 |
| 2023 | 63 | $8,039 | $597,763 | $202,767 |
| 2022 | 62 | $5,351 | $563,798 | $171,462 |
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 BENECON GROUP LLC | Investment Advisor | $49,740 | — | $49,740 |
| BSI CORPORATE BENEFITS LLC | Investment Advisor | $39,427 | — | $39,427 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,167
- Estimated Expense Ratio: 54.571% 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 | $869,709 | — | — | — | — |
| 2024 | $966,659 | — | — | — | — |
| 2023 | $751,171 | — | — | — | — |
| 2022 | $791,903 | — | — | — | — |