Plan Snapshot
- Plan Sponsor: Board Of Trustees - Southwest Health Benefits Fund
- Sponsor EIN: 756012126
- Sponsor Address: 8841 GULF FREEWAY, SUITE 304, HOUSTON, TX, 77017
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 441
- Total Assets: $10.9M
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 | 441 | $10.9M | $4.8M | $20,403 |
| 2023 | 181 | $9.1M | $2.2M | $13,043 |
| 2022 | 313 | $8.0M | $4.6M | $3,788 |
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 |
|---|---|---|---|---|
| BLUECROSS BLUESHIELD OF ILLINOIS | Other Service Provider | $124,291 | — | $124,291 |
| BENEFIT RESOURCES, INC | Other Service Provider | $100,584 | — | $100,584 |
| SEI PRIVATE TRUST COMPANY | Other Service Provider | $37,556 | — | $37,556 |
| NEEDLES & ASSOCIATES, LLC | Other Service Provider | $33,180 | — | $33,180 |
| ROBEIN, URANN, SPENCER, PICARD & CA | Other Service Provider | $32,374 | — | $32,374 |
| SEGAL | Other Service Provider | $14,000 | — | $14,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $341,985
- Estimated Expense Ratio: 3.146% 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 | $380,820 | — | $100,585 | $33,180 | — |
| 2023 | $315,546 | — | $74,121 | $28,656 | — |
| 2022 | $292,016 | $26,602 | $137,589 | — | $112,055 |