Plan Snapshot
- Plan Sponsor: Allied Government Solutions, INC. Welfare Trust
- Sponsor EIN: 274329708
- Sponsor Address: 90 WASHINGTON STREET SUITE 211, DOVER, NH, 03820
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 87
- Total Assets: $478,027
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 | 87 | $478,027 | $680,297 | $199,377 |
| 2023 | 209 | $549,329 | $750,358 | $238,282 |
| 2022 | 148 | $412,086 | $957,720 | $228,989 |
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 |
|---|---|---|---|---|
| ASSURED PARTNERS GSA NATIONAL | Other Service Provider | $42,076 | — | $42,076 |
| AAFCPAS, INC. | Other Service Provider | $28,000 | — | $28,000 |
| CIGNA HEALTH AND LIFE INSURANCE CO | Other Service Provider | $27,611 | — | $27,611 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,687
- Estimated Expense Ratio: 20.435% 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 | $70,077 | — | $70,077 | — | — |
| 2023 | $47,464 | — | $47,464 | — | — |
| 2022 | $1,123,637 | — | — | — | — |