Plan Snapshot
- Plan Sponsor: American Senior Communities, L.L.C.
- Sponsor EIN: 352077389
- Sponsor Address: 6900 SOUTH GRAY ROAD, INDIANAPOLIS, IN, 46237
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 7,045
- Total Assets: $6.1M
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 | 7,045 | $6.1M | $28.0M | $14.0M |
| 2023 | 6,793 | $8.0M | $24.5M | $12.7M |
| 2022 | 6,292 | $9.4M | $25.6M | $13.0M |
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 |
|---|---|---|---|---|
| ANTHEM INSURANCE COMPANIES, INC. | Other Service Provider | $1,522,699 | $346,580 | $1,869,279 |
| CONNER HEALTH AND BENEFITS INC | Other Service Provider | $252,502 | — | $252,502 |
| TRUERX MANAGEMENT SEERVICES, INC. | Other Service Provider | $233,263 | — | $233,263 |
| GARNER HEALTH TECHNOLOGY | Other Service Provider | $219,750 | — | $219,750 |
| RX HELP CENTERS | Other Service Provider | $99,000 | — | $99,000 |
| WEX BENEFITS | Other Service Provider | $24,370 | — | $24,370 |
| AURORA HEALTH, LLC | Other Service Provider | $18,000 | — | $18,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,716,164
- Estimated Expense Ratio: 44.518% 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 | $2,555,587 | — | $2,369,566 | $26,669 | — |
| 2023 | $2,332,337 | — | $2,240,852 | $22,864 | — |
| 2022 | $2,454,823 | — | — | — | $2,454,823 |