Plan Snapshot
- Plan Sponsor: Governing Committee
- Sponsor EIN: 800616629
- Sponsor Address: 251 - 18TH STREET, SOUTH, SUITE 750, ARLINGTON, VA, 22202
- Plan Type: Health & Welfare
- Plan Number: 510
- Total Participants: 35,497
- Total Assets: $321.0M
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 | 35,497 | $321.0M | $509.8M | $122.8M |
| 2023 | 36,361 | $341.2M | $663.6M | $120.8M |
| 2022 | 34,207 | $164.6M | $523.9M | $81.1M |
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 |
|---|---|---|---|---|
| UNITEDHEALTHCARE | Other Service Provider | $23,476,871 | — | $23,476,871 |
| HIGHMARK | Other Service Provider | $6,758,449 | — | $6,758,449 |
| AETNA US HEALTHCARE | Other Service Provider | $3,447,130 | — | $3,447,130 |
| EXPRESS SCRIPTS, INC. | Other Service Provider | $1,941,832 | — | $1,941,832 |
| WITHUMSMITH+BROWN, P.C. | Auditor | $634,742 | — | $634,742 |
| TELADOC HEALTH, INC | Other Service Provider | $598,563 | — | $598,563 |
| TRUIST BANK | Other Service Provider | $335,007 | — | $335,007 |
| HEALTH ADVOCATE SOLUTIONS, INC. | Other Service Provider | $329,915 | — | $329,915 |
| CLOVER PRINTING | Other Service Provider | $139,495 | — | $139,495 |
| LANTERN SPECIALTY | Other Service Provider | $105,935 | — | $105,935 |
| SEGAL COMPANY | Other Service Provider | $87,968 | — | $87,968 |
| WILLIS TOWERS WATSON US, LLC | Recordkeeper | $64,811 | — | $64,811 |
| MCMC, LLC | Other Service Provider | $51,300 | — | $51,300 |
| EVOLENT HEALTH LLC | Other Service Provider | $24,700 | — | $24,700 |
| REED SMITH, LLP | Other Service Provider | $20,380 | — | $20,380 |
| REMEDY ANALYTICS, INC. | Other Service Provider | $13,333 | — | $13,333 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, P.C. — Auditor
- WILLIS TOWERS WATSON US, LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,030,431
- Estimated Expense Ratio: 11.849% 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 | $36,844,193 | — | $35,291,132 | $108,150 | — |
| 2023 | $34,312,916 | — | $33,269,274 | $100,600 | — |
| 2022 | $31,063,445 | $72,409 | $29,208,944 | — | $1,595,537 |