Plan Snapshot
- Plan Sponsor: Healthalliance Benefit Plan
- Sponsor EIN: 426167033
- Sponsor Address: 10430 NEW YORK AVE, SUITE F, URBANDALE, IA, 50322
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,053
- Total Assets: $4.9M
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 | 1,053 | $4.9M | $14.4M | $0 |
| 2023 | 1,201 | $4.4M | $13.9M | $0 |
| 2022 | 1,160 | $4.5M | $13.5M | $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 |
|---|---|---|---|---|
| WELLMARK BLUE CROSS & BLUE SHIELD | Other Service Provider | $725,386 | — | $725,386 |
| DELTA DENTAL OF IOWA | Other Service Provider | $42,227 | — | $42,227 |
| RXBENEFITS, INC | Other Service Provider | $17,332 | — | $17,332 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $784,945
- Estimated Expense Ratio: 16.168% 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 | $2,348,518 | $22,176 | $1,059,640 | — | — |
| 2023 | $2,759,400 | $23,980 | $1,035,013 | — | — |
| 2022 | $2,679,987 | $22,194 | $976,897 | — | $218,117 |