Plan Snapshot
- Plan Sponsor: The Witmer Group LLC
- Sponsor EIN: 474148551
- Sponsor Address: 1003 CORNERSTONE DRIVE, MOUNT JOY, PA, 17552
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 137
- Total Assets: $524,698
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 | 137 | $524,698 | $1.4M | $372,535 |
| 2023 | 123 | $373,015 | $1.0M | $319,851 |
| 2022 | 127 | $427,646 | $1.1M | $308,967 |
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 | $36,630 | — | $36,630 |
| HIGHMARK BLUE SHIELD (CENTRAL) | Other Service Provider | $25,782 | — | $25,782 |
| THE BENECON GROUP, LLC | Investment Advisor | $20,596 | — | $20,596 |
| MCCONKEY BENEFITS & FINANCIAL SERV | Investment Advisor | $11,256 | — | $11,256 |
| CONNECTCARE3 | Other Service Provider | $6,862 | — | $6,862 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $101,126
- Estimated Expense Ratio: 19.273% 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 | $115,842 | — | $103,337 | — | — |
| 2023 | $110,463 | — | $110,463 | — | — |
| 2022 | $109,640 | — | — | — | — |