Plan Snapshot
- Plan Sponsor: Union Community Care
- Sponsor EIN: 231909490
- Sponsor Address: 454 NEW HOLLAND ROAD, LANCASTER, PA, 17602
- Plan Type: 401(k)
- Plan Number: 503
- Total Participants: 245
- Total Assets: $304,799
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 | 245 | $304,799 | $2.6M | $501,367 |
| 2023 | 232 | $496,777 | $604,784 | $104,342 |
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 |
|---|---|---|---|---|
| ASSUREDPARTNERS (CENTRAL PA) | Investment Advisor | $90,792 | — | $90,792 |
| THE BENECON GROUP | Investment Advisor | $44,705 | — | $44,705 |
| CONNECTCARE3 | Other Service Provider | $15,020 | — | $15,020 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $150,517
- Estimated Expense Ratio: 49.382% 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 | $139,918 | — | $49,126 | — | — |
| 2023 | $23,459 | — | $707 | — | — |