Plan Snapshot
- Plan Sponsor: Shared Support South, INC.
- Sponsor EIN: 832134543
- Sponsor Address: 185 TITUS AVENUE, WARRINGTON, PA, 18976
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 159
- Total Assets: $631,550
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 | 159 | $631,550 | $2.3M | $238,576 |
| 2023 | 145 | $458,464 | $1.6M | $66,650 |
| 2022 | 146 | $722,082 | $1.6M | $67,950 |
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 |
|---|---|---|---|---|
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $32,514 | — | $32,514 |
| THE BENECON GROUP | Investment Advisor | $30,912 | — | $30,912 |
| ALLIANT INSURANCE SERVICES, INC. | Investment Advisor | $20,653 | — | $20,653 |
| CONNECTCARE3 | Other Service Provider | $13,117 | — | $13,117 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,196
- Estimated Expense Ratio: 15.390% 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 | $980,882 | $44,029 | $48,468 | — | — |
| 2023 | $802,973 | $36,511 | $60,907 | — | — |
| 2022 | $782,609 | $36,806 | $98,727 | — | — |