Plan Snapshot
- Plan Sponsor: Bluegrass Health Partners
- Sponsor EIN: 811010658
- Sponsor Address: 202 CATON AVE, BROOKLYN, NY, 11218
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 836
- Total Assets: $1.2M
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 | 836 | $1.2M | $4.9M | $1.6M |
| 2023 | 810 | $0 | $0 | $0 |
| 2022 | 374 | $476,000 | $2.0M | $648,332 |
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 |
|---|---|---|---|---|
| AMERICAN PLAN ADMINISTRATORS | Recordkeeper | $548,355 | — | $548,355 |
| EAGLE RISK SERVICES, LLC | Recordkeeper | $535,000 | — | $535,000 |
| FASTEN HALBERSTAM LLP | Auditor | $15,000 | — | $15,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FASTEN HALBERSTAM LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,098,355
- Estimated Expense Ratio: 91.455% 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 | $1,099,643 | — | $548,355 | $15,000 | — |
| 2023 | — | — | — | — | — |
| 2022 | $257,500 | — | $257,500 | — | — |