Plan Snapshot
- Plan Sponsor: Association Healthcare Consortium INC. Dba Kba Benefits Trust
- Sponsor EIN: 821170686
- Sponsor Address: 600 WEST MAIN STREET, LOUISVILLE, KY, 40202
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 3,078
- Total Assets: $21.1M
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 | 3,078 | $21.1M | $31.7M | $0 |
| 2023 | 2,717 | $19.8M | $24.7M | $0 |
| 2022 | 2,716 | $16.9M | $23.3M | $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 |
|---|---|---|---|---|
| ANTHEM HEALTH PLANS OF KENTUCKY, IN | Recordkeeper | $1,716,866 | — | $1,716,866 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ANTHEM HEALTH PLANS OF KENTUCKY, IN — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,716,866
- Estimated Expense Ratio: 8.140% 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 | $4,174,822 | $61,708 | $2,103,703 | — | — |
| 2023 | $1,414,269 | $55,303 | $1,350,867 | — | — |
| 2022 | $154,991 | — | — | — | — |