Plan Snapshot
- Plan Sponsor: Reitnouer, INC.
- Sponsor EIN: 232249322
- Sponsor Address: 5 EAST POINTE DRIVE, BIRDSBORO, PA, 19508
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 293
- Total Assets: $466,527
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 | 293 | $466,527 | $3.3M | $786,995 |
| 2023 | 311 | $390,802 | $2.5M | $714,851 |
| 2022 | 259 | $587,275 | $2.5M | $632,365 |
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 |
|---|---|---|---|---|
| PATRIOT (POWER-KUNKLE GROUP, INC.) | Investment Advisor | $96,253 | — | $96,253 |
| THE BENECON GROUP, LLC | Investment Advisor | $73,416 | — | $73,416 |
| CONNECTCARE3 | Other Service Provider | $21,422 | — | $21,422 |
| CAPITAL BLUECROSS | Other Service Provider | $15,255 | — | $15,255 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $206,346
- Estimated Expense Ratio: 44.230% 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 | $958,314 | $94,838 | $111,507 | — | — |
| 2023 | $944,363 | $74,644 | $125,078 | — | — |
| 2022 | $738,006 | $61,420 | $107,868 | — | — |