Plan Snapshot
- Plan Sponsor: Franciscan Alliance, INC.
- Sponsor EIN: 352056396
- Sponsor Address: 1515 DRAGOON TRAIL, MISHAWAKA, IN, 465461290
- Plan Type: DB
- Total Participants: 294
- Total Assets: $30.7M
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 | 294 | $30.7M | $0 | $0 |
| 2023 | 312 | $32.1M | $0 | $0 |
| 2022 | 355 | $31.5M | $0 | $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 | NONE | $156,676 | — | $156,676 |
| NISA INVESTMENT ADVISORS, LLC | NONE | $33,679 | — | $33,679 |
| MERCER INVESTMENTS LLC | NONE | $17,000 | — | $17,000 |
| PRINCIPAL TRUST COMPANY | NONE | $11,427 | — | $11,427 |
| BLUE AND COMPANY, LLC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRINCIPAL TRUST COMPANY — NONE
- BLUE AND COMPANY, LLC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $218,782
- Estimated Expense Ratio: 0.712% 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 | $350,487 | $50,679 | — | — | — |
| 2023 | $449,519 | $47,688 | — | — | — |
| 2022 | $430,933 | $14,413 | — | — | $245,473 |