Plan Snapshot
- Plan Sponsor: Blue Cross Blue Shield Of North Dakota
- Sponsor EIN: 450173185
- Sponsor Address: 4510 13TH AVENUE SOUTH, FARGO, ND, 58121
- Plan Type: Health & Welfare
- Plan Number: 510
- Total Participants: 908
- Total Assets: $16.3M
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 | 908 | $16.3M | $162,223 | $10.1M |
| 2023 | 837 | $15.6M | $149,308 | $10.0M |
| 2022 | 817 | $16.6M | $147,955 | $9.6M |
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 |
|---|---|---|---|---|
| PRIME THERAPEUTICS | Other Service Provider | — | $300,546 | $300,546 |
| BELL BANK | Custodian / Trustee | $60,299 | — | $60,299 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $360,845
- Estimated Expense Ratio: 2.209% 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 | $60,512 | — | — | — | — |
| 2023 | $428,207 | — | — | — | — |
| 2022 | -$1,702,196 | — | $83,617 | — | — |