Plan Snapshot
- Plan Sponsor: Guadalupe Valley Telephone Cooperative, INC.
- Sponsor EIN: 741194662
- Sponsor Address: 36101 FM 3159, NEW BRAUNFELS, TX, 781325903
- Plan Type: Health & Welfare
- Plan Number: 505
- Total Participants: 219
- Total Assets: $12.6M
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 | 219 | $12.6M | $2.8M | $726,172 |
| 2023 | 205 | $12.4M | $3.2M | $731,567 |
| 2022 | 208 | $11.6M | $2.8M | $720,256 |
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 |
|---|---|---|---|---|
| INTEGRA EMPLOYER HEALTH DBA MAESTRO | Recordkeeper | $76,887 | — | $76,887 |
| STRATEBEN | Other Service Provider | $75,835 | — | $75,835 |
| MORGAN STANLEY SMITH BARNEY LLC | Other Service Provider | $33,114 | — | $33,114 |
| HEARD MCELROY & VESTAL LLC | Auditor | $18,000 | — | $18,000 |
| PHCS | Other Service Provider | $15,690 | — | $15,690 |
| SAGE ADVISORY SERVICES LTD | Other Service Provider | $14,941 | — | $14,941 |
| HEALTHCARE BLUEBOOK | Other Service Provider | $5,230 | — | $5,230 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $239,697
- Estimated Expense Ratio: 1.907% 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 | $331,030 | $14,941 | $264,975 | $18,000 | — |
| 2023 | $312,633 | — | $249,840 | $17,500 | — |
| 2022 | $274,037 | $41,548 | $163,689 | — | $66,971 |