Plan Snapshot
- Plan Sponsor: The Horst Group INC
- Sponsor EIN: 232108509
- Sponsor Address: 320 GRANITE RUN DRIVE PO BOX 3330, LANCASTER, PA, 176043330
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 208
- Total Assets: $968,279
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 | 208 | $968,279 | $3.6M | $683,569 |
| 2023 | 202 | $103,783 | $3.5M | $654,625 |
| 2022 | 214 | $107,238 | $3.3M | $673,267 |
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 |
|---|---|---|---|---|
| MERITAIN HEALTH | Other Service Provider | $235,630 | — | $235,630 |
| EXPRESS SCRIPTS INC | Other Service Provider | $48,269 | — | $48,269 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $283,899
- Estimated Expense Ratio: 29.320% 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 | $834,269 | — | $828,267 | — | — |
| 2023 | $713,814 | — | $710,772 | — | — |
| 2022 | $621,192 | — | $618,843 | — | — |