Plan Snapshot
- Plan Sponsor: The Guidance Center
- Sponsor EIN: 251469392
- Sponsor Address: 110 CAMPUS DR, BRADFORD, PA, 167011982
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 101
- Total Assets: $150,950
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 | 101 | $150,950 | $5,941 | $1.8M |
| 2023 | 105 | $188,359 | $1.2M | $306,823 |
| 2022 | 91 | $335,123 | $1.1M | $296,808 |
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 | $71,474 | — | $71,474 |
| HIGHMARK WEST | Other Service Provider | $41,637 | — | $41,637 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $113,111
- Estimated Expense Ratio: 74.933% 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 | $2,026,421 | — | — | — | — |
| 2023 | $1,703,671 | — | — | — | — |
| 2022 | $1,385,520 | — | — | — | — |