Plan Snapshot
- Plan Sponsor: Global Indemnity Group, LLC
- Sponsor EIN: 200184863
- Sponsor Address: 3 BALA PLAZA EAST, STE 300, BALA CYNWYD, PA, 19004
- Plan Type: Health & Welfare
- Plan Number: 512
- Total Participants: 209
- Total Assets: $529,601
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 | 209 | $529,601 | $3.4M | $721,075 |
| 2023 | 207 | $346,277 | $2.7M | $708,621 |
| 2022 | 306 | $1.1M | $4.5M | $833,178 |
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 |
|---|---|---|---|---|
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $62,295 | — | $62,295 |
| THE BENECON GROUP, LLC | Investment Advisor | $38,302 | — | $38,302 |
| CONNECTCARE 3 | Other Service Provider | $11,391 | — | $11,391 |
| AETNA HEALTH PLANS | Other Service Provider | $7,237 | — | $7,237 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,225
- Estimated Expense Ratio: 22.512% 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 | $1,152,703 | $49,693 | $75,270 | — | — |
| 2023 | $1,051,912 | $48,387 | $53,947 | — | — |
| 2022 | $1,182,402 | $65,841 | $116,885 | — | — |