Plan Snapshot
- Plan Sponsor: Spanish American Civic Association For Equality, INC
- Sponsor EIN: 237319993
- Sponsor Address: 453 S LIME STREET, LANCASTER, PA, 17602
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 48
- Total Assets: $2,114
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 | 48 | $2,114 | $454,206 | $39,492 |
| 2023 | 39 | $22,275 | $425,121 | $22,425 |
| 2022 | 38 | $1,083 | $23,588 | $3,711 |
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 |
|---|---|---|---|---|
| ASSURED PARTNERS (CENTRAL PA) | Investment Advisor | $17,952 | — | $17,952 |
| THE BENECON GROUP, LLC | Investment Advisor | $14,330 | — | $14,330 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,282
- Estimated Expense Ratio: 1527.058% 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 | $525,264 | — | — | — | — |
| 2023 | $446,214 | — | — | — | — |
| 2022 | $54,215 | — | — | — | — |