Plan Snapshot
- Plan Sponsor: Save Philly Stores, LP
- Sponsor EIN: 271983336
- Sponsor Address: 630 PARKWAY DR, BROOMALL, PA, 19008
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 60
- Total Assets: $35,648
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 | 60 | $35,648 | $753,611 | $222,605 |
| 2023 | 62 | $57,025 | $675,544 | $250,560 |
| 2022 | 64 | $140,882 | $629,011 | $284,099 |
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 |
|---|---|---|---|---|
| TYCOR BENEFIT ADMINISTRATORS | Investment Advisor | $29,920 | — | $29,920 |
| THE BENECON GROUP,LLC | Investment Advisor | $19,006 | — | $19,006 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $9,959 | — | $9,959 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,885
- Estimated Expense Ratio: 165.185% 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 | $939,751 | — | — | — | — |
| 2023 | $1,078,988 | — | — | — | — |
| 2022 | $825,948 | — | — | — | — |