Back to filter
Original filing (PDF)20251013104703NAL0002532066001
LIFT, INC.
Form 5500
FILING_RECEIVED
LIFT, INC. WELFARE BENEFIT PLAN
Health & welfare plan
Signals · 3
100% in single holding~753 bps in Sched C feesNo recordkeeper disclosed
Active participants
351
Accounts w/ balance
—
Plan assets (EOY)
$1.5M
Net assets (EOY)
$1.2M
How this plan invests
This plan
1 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Money Market Fund * Wilmington Funds Wilmington U.S. Govt Money Market Class Institutional" is 100% of plan.
- 753 bps in Schedule C fees — 1347% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for LIFT, INC..
Plan sponsor
Name
LIFT, INC.
EIN
23-2574915
Address
3745 HEMPLAND ROAD · MOUNTVILLE, PA · 17554
Phone
(717) 662-1800
Industry
Wholesale Tradesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-13
Welfare benefit codes
4A · Health (other than dental or vision)
Audit & trust (Schedule H)
Auditor
RKL LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsBroker
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MCCONKEY BENEFITS & FINANCIAL SERV | 23-3086396 | — | BROKER | $92K | — |
| THE BENECON GROUP | 23-1315351 | — | BROKER | $5K | — |
Other
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BENEFITMALL | — | TOWSON, MD | ADMIN | $24K | — |
| HIGHMARK BLUE SHIELD (CENTRAL) | 23-1294723 | — | ADMIN | -$9K | — |
Investments
1 direct security· $1.5M(98% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Money Market Fund * Wilmington Funds Wilmington U.S. Govt Money Market Class Institutional | — | — | $1.5M | $1.5M | 98.5% |
Related plans
Other plans using MCCONKEY BENEFITS & FINANCIAL SERV
ADHESIVES RESEARCH, INC.
ADHESIVES RESEARCH, INC. GROUP MEDICAL PLAN
$2.7M · 345 participants
C. P. CONVERTERS, INC.
C. P. CONVERTERS, INC. DBA C. P. FLEXIBLE PACKAGING, INC. GROUP HEALTH PLAN
$2.4M · 356 participants
S & A HOMES, INC.
S & A HOMES, INC. GROUP HEALTH PLAN
$2.4M · 132 participants
SECHAN ELECTRONICS, INC.
SECHAN ELECTRONICS, INC. GROUP HEALTH PLAN
$2.1M · 269 participants
CORRADO MANAGEMENT SERVICES, LLC
CORRADO MANAGEMENT SERVICES, LLC GROUP MEDICAL PLAN
$2.0M · 123 participants
TAIT TOWERS MANUFACTURING LLC
TAIT TOWERS MANUFACTURING LLC MEDICAL BENEFIT PLAN
$1.9M · 921 participants
Similar-size Wholesale Trade plans
SCHROCK METAL PRODUCTS,INC.
SCHROCK METAL PRODUCTS,INC. 401K PROFIT SHARING PLAN & TRUST
$1.5M · 17 participants
BID-ON-EQUIPMENT.COM, INC.
BID-ON-EQUIPMENT.COM, INC. 401(K) PROFIT SHARING PLAN
$1.5M · 10 participants
ACTION RUBBER & INDUSTRIAL SUPPLY, INC.
ACTION RUBBER & INDUSTRIAL SUPPLY, INC. DEFINED BENEFIT PENSION PLAN AND TRUST
$1.5M · 6 participants
PROCESS DISTRIBUTION GROUP
PDG 401(K) PLAN
$1.5M · 152 participants
QUAD POWER PRODUCTS COMPANY LL
QUAD POWER PRODUCTS COMPANY LL 401K PLAN
$1.5M · 8 participants
ROBAINA INDUSTRIES, INC.
ROBAINA INDUSTRIES, INC. 401(K) PROFIT SHARING PLAN & TRUST
$1.5M · 5 participants
Large plans in Pennsylvania
VANGUARD FIDUCIARY TRUST COMPANY
VANGUARD FIDUCIARY TRUST COMPANY INSTITUTIONAL TOTAL INTERNATIONAL STOCK MARKET INDEX TRUST II
$223.1B
VANGUARD FIDUCIARY TRUST COMPANY
VFTC INSTITUTIONAL 500 INDEX TRUST
$183.5B
VANGUARD FIDUCIARY TRUST COMPANY
VANGUARD FIDUCIARY TRUST COMPANY TARGET RETIREMENT 2035 MASTER TRUST
$116.3B
VANGUARD FIDUCIARY TRUST COMPANY
VANGUARD FIDUCIARY TRUST COMPANY TARGET RETIREMENT 2045 MASTER TRUST
$109.4B
VANGUARD FIDUCIARY TRUST COMPANY
VANGUARD FIDUCIARY TRUST COMPANY TARGET RETIREMENT 2040 MASTER TRUST
$108.2B
VANGUARD FIDUCIARY TRUST COMPANY
VANGUARD FIDUCIARY TRUST COMPANY TARGET RETIREMENT 2030 MASTER TRUST
$106.2B