Plan Snapshot
- Plan Sponsor: Robert E. Lamb, INC.
- Sponsor EIN: 562419484
- Sponsor Address: P.O. BOX 133, VALLEY FORGE, PA, 194810133
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 54
- Total Assets: $181,228
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 | 54 | $181,228 | $759,215 | $203,374 |
| 2023 | 57 | $58,944 | $729,155 | $180,475 |
| 2022 | 57 | $244,680 | $645,050 | $153,534 |
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 |
|---|---|---|---|---|
| CBIZ, INC. (PA) | Investment Advisor | $45,045 | — | $45,045 |
| THE BENECON GROUP | Investment Advisor | $17,193 | — | $17,193 |
| INDEPENDENCE ADMINISTRATORS (IA) | Other Service Provider | $12,173 | — | $12,173 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,411
- Estimated Expense Ratio: 41.059% 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 | $803,301 | — | — | — | — |
| 2023 | $1,118,117 | — | — | — | — |
| 2022 | $764,140 | — | — | — | — |