Plan Snapshot
- Plan Sponsor: Radco Construction Services, INC
- Sponsor EIN: 561599261
- Sponsor Address: 162 LUMBER LANE, MOUNT HOLLY, NC, 28120
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 53
- Total Assets: $28,044
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 | 53 | $28,044 | $0 | $0 |
| 2024 | 44 | $64,902 | $489,551 | $0 |
| 2023 | 54 | $45,740 | $152,046 | $18,160 |
| 2022 | 53 | $6,388 | $243,239 | $139,777 |
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 | Investment Advisor | $34,541 | — | $34,541 |
| ACS BENEFIT SERVICES | Other Service Provider | $25,357 | — | $25,357 |
| IMA FINANCIAL GROUP (ECM SOLUTIONS) | Investment Advisor | $18,840 | — | $18,840 |
| REVIVEHEALTH, INC. | Other Service Provider | $8,203 | — | $8,203 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,941
- Estimated Expense Ratio: 310.016% 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 | $611,325 | — | — | — | — |
| 2024 | $464,318 | — | — | — | — |
| 2023 | $162,110 | — | — | — | — |
| 2022 | $411,029 | — | — | — | — |