Plan Snapshot
- Plan Sponsor: The Jay Group, INC.
- Sponsor EIN: 231723070
- Sponsor Address: 700 INDIAN SPRINGS DRIVE, LANCATER, PA, 17601
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 186
- Total Assets: $102,666
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 | 186 | $102,666 | $908,958 | $479,767 |
| 2023 | 186 | $84,872 | $833,625 | $467,589 |
| 2022 | 203 | $255,511 | $858,724 | $573,520 |
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 | $25,520 | — | $25,520 |
| THE BENECON GROUP | Investment Advisor | $19,883 | — | $19,883 |
| CAPITAL BLUECROSS | Other Service Provider | $19,040 | — | $19,040 |
| CONNECTCARE3 | Other Service Provider | $6,905 | — | $6,905 |
| DELTA DENTAL OF PENNSYLVANIA | Other Service Provider | $6,885 | — | $6,885 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,233
- Estimated Expense Ratio: 76.201% 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 | $78,233 | — | — | — | — |
| 2023 | $42,088 | — | — | — | — |
| 2022 | $78,392 | — | — | — | — |