Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Electrical Medical Trust
- Sponsor EIN: 741621269
- Sponsor Address: 8441 GULF FREEWAY, SUITE 304, HOUSTON, TX, 77017
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,001
- Total Assets: $37.1M
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 | 2,001 | $37.1M | $24.1M | $1.5M |
| 2023 | 1,960 | $29.7M | $24.8M | $1.6M |
| 2022 | 1,735 | $21.1M | $21.2M | $1.6M |
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 |
|---|---|---|---|---|
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $737,112 | — | $737,112 |
| NAVITUS | Other Service Provider | $388,996 | — | $388,996 |
| THE SEGAL COMPANY | Recordkeeper | $183,532 | — | $183,532 |
| BENEFIT RESOURCES, INC. | Other Service Provider | $150,000 | — | $150,000 |
| HEALTHLINX | Other Service Provider | $71,500 | — | $71,500 |
| SOUTHEAST CHAPTER OF NECA | Other Service Provider | $26,799 | — | $26,799 |
| PATRICK FLYNN | Other Service Provider | $20,177 | — | $20,177 |
| EDWARDS AND LEATHERS, P.C. | Other Service Provider | $19,000 | — | $19,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE SEGAL COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,597,116
- Estimated Expense Ratio: 4.305% 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 | $469,717 | $8,458 | $150,000 | $19,000 | — |
| 2023 | $330,897 | $6,201 | $150,000 | $22,957 | — |
| 2022 | $356,569 | $8,100 | $150,000 | — | $150,328 |