Plan Snapshot
- Plan Sponsor: Yard Truck Specialists, INC.
- Sponsor EIN: 232421357
- Sponsor Address: 1510 FORD ROAD, BENSALEM, PA, 19020
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 55
- Total Assets: $155,941
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 | 55 | $155,941 | $524,276 | $235,353 |
| 2023 | 50 | $138,434 | $409,100 | $251,390 |
| 2022 | 50 | $179,566 | $630,416 | $0 |
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, LLC | Investment Advisor | $19,395 | — | $19,395 |
| COURY HEALTH SERVICES LLC | Investment Advisor | $15,700 | — | $15,700 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $11,252 | — | $11,252 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,347
- Estimated Expense Ratio: 29.721% 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 | $745,831 | — | — | — | — |
| 2023 | $704,734 | — | — | — | — |
| 2022 | $456,199 | — | — | — | — |