Plan Snapshot
- Plan Sponsor: The Benecon Group, LLC
- Sponsor EIN: 231315351
- Sponsor Address: 201 EAST OREGON ROAD, LITITZ, PA, 17543
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 277
- Total Assets: $33.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 277 | $33.0M | $0 | $0 |
| 2024 | 234 | $27.3M | $840,977 | $1.8M |
| 2023 | 227 | $22.6M | $779,826 | $1.7M |
| 2022 | 212 | $17.1M | $743,517 | $1.5M |
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 |
|---|---|---|---|---|
| RAYMOND JAMES | Investment Advisor | $58,654 | — | $58,654 |
| PA RETIREMENT SOLUTIONS, INC. | Recordkeeper | $20,077 | — | $20,077 |
| EMPOWER ANNUITY INSURANCE CO. OF AM | Recordkeeper | $16,844 | — | $16,844 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $5,129 | — | $5,129 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $100,704
- Estimated Expense Ratio: 0.305% 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 |
|---|---|---|---|---|---|
| 2025 | $1,907,443 | $63,783 | $20,077 | — | — |
| 2024 | $79,230 | $51,931 | $15,105 | — | — |
| 2023 | $62,992 | $43,063 | $13,130 | — | — |
| 2022 | $72,033 | $34,486 | $37,547 | — | — |