Plan Snapshot
- Plan Sponsor: Stonehenge Advisors, Payroll Services, INC.
- Sponsor EIN: 232959370
- Sponsor Address: 4328-42 RIDGE AVENUE, PHILADELPHIA, PA, 19129
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 45
- Total Assets: $94,917
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 | 45 | $94,917 | $751,500 | $0 |
| 2023 | 45 | $14,150 | $576,165 | $31,596 |
| 2022 | 44 | $35,486 | $557,573 | $30,687 |
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 |
|---|---|---|---|---|
| ONEDIGITAL (PHILADELPHIA) | Investment Advisor | $22,755 | — | $22,755 |
| THE BENECON GROUP | Investment Advisor | $16,429 | — | $16,429 |
| INDEPENDENCE ADMINISTRATORS (IA) | Other Service Provider | $15,298 | — | $15,298 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,482
- Estimated Expense Ratio: 57.400% 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 | $675,250 | — | — | — | — |
| 2023 | $509,523 | — | — | — | — |
| 2022 | $1,024,081 | — | — | — | — |