Plan Snapshot
- Plan Sponsor: Excellus Health Plan, INC.
- Sponsor EIN: 150329043
- Sponsor Address: 165 COURT STREET, ROCHESTER, NY, 14647
- Plan Type: DB
- Total Participants: 1,912
- Total Assets: $746.9M
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 | 1,912 | $746.9M | $0 | $0 |
| 2023 | 2,038 | $787.2M | $0 | $0 |
| 2022 | 2,138 | $782.4M | $22.6M | $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 |
|---|---|---|---|---|
| MERCER INVESTMENT MANAGEMENT | Investment Advisor | $810,561 | — | $810,561 |
| BLUE CROSS BLUE SHIELD ASSOCIATION | Other Service Provider | $335,822 | — | $335,822 |
| NORTHERN TRUST CO | Custodian / Trustee | $212,756 | — | $212,756 |
| PLANTE & MORAN, PLLC | Auditor | $96,560 | — | $96,560 |
| AON CONSULTING | Recordkeeper | $46,814 | — | $46,814 |
| BLOOMBERG FINANCE L.P. | Other Service Provider | $18,197 | — | $18,197 |
| L&S VENTURES | Other Service Provider | $10,331 | — | $10,331 |
| GRANT THORNTON, LLP | Auditor | $9,597 | — | $9,597 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
- AON CONSULTING — Recordkeeper
- GRANT THORNTON, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,540,638
- Estimated Expense Ratio: 0.206% 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 | $1,970,909 | $810,562 | $335,823 | $106,157 | — |
| 2023 | $1,961,209 | $789,357 | $338,884 | $91,180 | — |
| 2022 | $6,011,302 | $801,658 | $237,788 | — | $1,787,444 |