Plan Snapshot
- Plan Sponsor: Therm-Omega-Tech, INC.
- Sponsor EIN: 232281908
- Sponsor Address: 353 IVYLAND RD, WARMINSTER, PA, 18974
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 94
- Total Assets: $602,218
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. |
|---|---|---|---|---|
| 2025 | 94 | $602,218 | $0 | $0 |
| 2024 | 100 | $532,951 | $1.7M | $393,716 |
| 2023 | 82 | $553,195 | $1.3M | $224,698 |
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 | Investment Advisor | $120,092 | — | $120,092 |
| ONEDIGITAL (PHILADELPHIA) | Investment Advisor | $59,592 | — | $59,592 |
| INDEPENDENCE ADMINISTRATORS (IA) | Other Service Provider | $12,516 | — | $12,516 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $192,200
- Estimated Expense Ratio: 31.915% 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 | $2,351,364 | — | — | — | — |
| 2024 | $2,165,190 | — | — | — | — |
| 2023 | $1,204,608 | — | — | — | — |