Plan Snapshot
- Plan Sponsor: Prospectus Associates, INC.
- Sponsor EIN: 232023612
- Sponsor Address: 840 WILLIAM LANE, READING, PA, 19604
- Plan Type: Health & Welfare
- Plan Number: 515
- 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 | $326,700 | $2,667 |
| 2023 | 230 | $222,306 | $2.6M | $164,579 |
| 2022 | 208 | $44,319 | $2.1M | $156,129 |
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 | $6,064 | — | $6,064 |
| CONNECTCARE 3 | Other Service Provider | $5,101 | — | $5,101 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,165
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 | $10,551 | — | $10,551 | — | — |
| 2023 | $105,879 | — | $105,879 | — | — |
| 2022 | $104,316 | — | — | — | $104,316 |