Plan Snapshot
- Plan Sponsor: Remcon Plastics, INC.
- Sponsor EIN: 232221786
- Sponsor Address: 208 CHESTNUT STREET, READING, PA, 19602
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 69
- Total Assets: $244,519
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 | 69 | $244,519 | $0 | $0 |
| 2024 | 71 | $223,876 | $946,259 | $51,004 |
| 2023 | 65 | $402,190 | $923,241 | $167,901 |
| 2022 | 71 | $307,099 | $695,283 | $167,648 |
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 | $67,546 | — | $67,546 |
| PATRIOT (POWER-KUNKLE GROUP, INC.) | Investment Advisor | $27,544 | — | $27,544 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $95,090
- Estimated Expense Ratio: 38.889% 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 | $1,037,989 | — | — | — | — |
| 2024 | $1,262,087 | — | — | — | — |
| 2023 | $944,825 | — | — | — | — |
| 2022 | $700,587 | — | — | — | — |