# Save Philly Stores, LP Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/save-philly-stores-lp-271983336-501

> Save Philly Stores, LP&#39;s Health &amp; Welfare plan: 60 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|—|—|

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