Plan Snapshot
- Plan Sponsor: Richter Precision INC
- Sponsor EIN: 232075767
- Sponsor Address: 1021 COMMERCIAL AVE, EAST PETERSBURG, PA, 175201601
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 100
- Total Assets: $92,948
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 | 100 | $92,948 | $981,589 | $328,321 |
| 2023 | 94 | $281,973 | $1.1M | $350,497 |
| 2022 | 120 | $253,516 | $1.1M | $394,536 |
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 |
|---|---|---|---|---|
| ENGLE-HAMBRIGHT & DAVIES, INC | Investment Advisor | $54,791 | — | $54,791 |
| THE BENECON GROUP | Investment Advisor | $18,999 | — | $18,999 |
| CONNECTCARE3 | Other Service Provider | $6,586 | — | $6,586 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,376
- Estimated Expense Ratio: 86.474% 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 | $80,376 | — | $80,376 | — | — |
| 2023 | $71,180 | — | $71,180 | — | — |
| 2022 | $92,377 | — | — | — | — |