Plan Snapshot
- Plan Sponsor: Spangler And Boyer Mechanical, INC.
- Sponsor EIN: 232670632
- Sponsor Address: 5175 COMMERCE DR, YORK, PA, 174089511
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 29
- Total Assets: $28,900
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 | 29 | $28,900 | $471,119 | $72,939 |
| 2023 | 32 | $10,977 | $433,945 | $64,572 |
| 2022 | 28 | $243,031 | $371,089 | $90,499 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP, LLC | Investment Advisor | $12,366 | — | $12,366 |
| E. K. MCCONKEY & CO., INC. | Investment Advisor | $10,557 | — | $10,557 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,923
- Estimated Expense Ratio: 79.318% 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 | $465,945 | — | — | — | — |
| 2023 | $665,986 | — | — | — | — |
| 2022 | $395,963 | — | — | — | — |