Plan Snapshot
- Plan Sponsor: Health Union, LLC
- Sponsor EIN: 271696312
- Sponsor Address: 1218 CHESTNUT ST 3RD FLOOR, PHILADELPHIA, PA, 19107
- Plan Type: 401(k)
- Total Participants: 181
- Total Assets: $12.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 181 | $12.3M | $552,998 | $1.4M |
| 2023 | 199 | $10.7M | $646,029 | $1.7M |
| 2022 | 274 | $8.2M | $669,183 | $1.6M |
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 |
|---|---|---|---|---|
| TORRILLO AND ASSOCIATES, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TORRILLO AND ASSOCIATES, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $31,946 | $16,733 | — | — | — |
| 2023 | $1,035 | — | — | — | — |
| 2022 | $1,182 | — | $1,182 | — | — |