Plan Snapshot
- Plan Sponsor: American Association Of Business Networking
- Sponsor EIN: 631012610
- Sponsor Address: 919 CONGRESS AVENUE, SUITE 720, AUSTIN, TX, 78701
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 787
- Total Assets: $2.8M
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. |
|---|---|---|---|---|
| 2025 | 787 | $2.8M | $0 | $0 |
| 2024 | 597 | $2.7M | $8.2M | $0 |
| 2023 | 554 | $2.2M | $7.5M | $0 |
| 2022 | 645 | $2.3M | $8.7M | $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 |
|---|---|---|---|---|
| PF RE, INC. | Other Service Provider | $1,832,260 | — | $1,832,260 |
| AETNA | Other Service Provider | $469,490 | — | $469,490 |
| CONCORD MANAGEMENT RESOURCES | Other Service Provider | $266,445 | — | $266,445 |
| BUSINESS PLANNING CONCEPTS, INC. | Other Service Provider | $194,232 | — | $194,232 |
| GREENBERG TRAURIG P.A. | Other Service Provider | $120,538 | — | $120,538 |
| HEALTH CARE PLAN INSURANCE SERVICES | Other Service Provider | $91,713 | — | $91,713 |
| STRATEGIC UNDERWRITING SOLUTIONS | Other Service Provider | $58,142 | — | $58,142 |
| WINDSOR STRATEGY PARTNERS, INC. | Other Service Provider | $40,755 | — | $40,755 |
| WITHUMSMITH+BROWN, PC | Other Service Provider | $33,072 | — | $33,072 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,106,647
- Estimated Expense Ratio: 110.611% 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 |
|---|---|---|---|---|---|
| 2025 | $8,872,873 | — | $869,049 | — | — |
| 2024 | $1,912,961 | — | $763,695 | — | — |
| 2023 | $1,750,007 | — | $769,264 | — | — |
| 2022 | $1,823,645 | — | $833,087 | — | — |