Plan Snapshot
- Plan Sponsor: Group Health Plan, INC.
- Sponsor EIN: 410797853
- Sponsor Address: 8170 33RD AVE. SOUTH, P.O. BOX 1309, MINNEAPOLIS, MN, 554401309
- Plan Type: DB
- Total Participants: 1,513
- Total Assets: $819.4M
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 | 1,513 | $819.4M | $0 | $0 |
| 2023 | 1,656 | $755.1M | $0 | $0 |
| 2022 | 1,800 | $683.4M | $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 |
|---|---|---|---|---|
| WATSON WYATT WORLDWIDE | Recordkeeper | $455,052 | — | $455,052 |
| KENNEDY CAPITAL MANAGEMENT | Other Service Provider | $397,027 | — | $397,027 |
| PENSION BENEFITS GUARANTY CORP | Other Service Provider | $388,951 | — | $388,951 |
| SILVERCREST | Other Service Provider | $371,345 | — | $371,345 |
| METROPOLITAN WEST | Other Service Provider | $206,627 | — | $206,627 |
| PRINCIPAL | Other Service Provider | $81,375 | — | $81,375 |
| MERCER | Other Service Provider | $45,076 | — | $45,076 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WATSON WYATT WORLDWIDE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,945,453
- Estimated Expense Ratio: 0.237% 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 | $1,945,453 | $1,945,453 | — | — | — |
| 2023 | $1,708,659 | $1,708,659 | — | — | — |
| 2022 | $1,759,577 | $1,759,577 | — | — | — |