Plan Snapshot
- Plan Sponsor: Advance Services, INC.
- Sponsor EIN: 470777488
- Sponsor Address: 12702 WESTPORT PARKWAY, LAVISTA, NE, 68138
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 2,662
- Total Assets: $902,303
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 | 2,662 | $902,303 | $2.5M | $2.7M |
| 2023 | 2,164 | $494,173 | $2.2M | $2.5M |
| 2022 | 923 | $552,329 | $1.9M | $2.3M |
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 LOOMIS COMPANY | Other Service Provider | $289,366 | — | $289,366 |
| MERITAIN | Other Service Provider | $188,759 | — | $188,759 |
| GDP ADVISORS LLC | Investment Advisor | $176,796 | — | $176,796 |
| MY WORK PLACE | Other Service Provider | $123,358 | — | $123,358 |
| MGU UNDERWRITING | Other Service Provider | $104,814 | — | $104,814 |
| FIRST HEALTH GROUP CORPORATION | Other Service Provider | $67,429 | — | $67,429 |
| TELADOC | Other Service Provider | $53,712 | — | $53,712 |
| USI INSURANCE SERVICES | Investment Advisor | $43,124 | — | $43,124 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,047,358
- Estimated Expense Ratio: 116.076% 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 | $1,047,646 | — | $1,047,646 | — | — |
| 2023 | $633,126 | — | $633,126 | — | — |
| 2022 | $97,723 | — | — | — | $97,723 |