Plan Snapshot
- Plan Sponsor: Ici Benefits Consortium
- Sponsor EIN: 843411649
- Sponsor Address: 601 SOUTH MERIDIAN ST., SUITE 2A, INDIANAPOLIS, IN, 46225
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 736
- Total Assets: $6.0M
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 | 736 | $6.0M | $10.9M | $47,877 |
| 2023 | 732 | $8.0M | $10.5M | $49,969 |
| 2022 | 729 | $7.4M | $11.1M | $26,430 |
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 |
|---|---|---|---|---|
| UMR, INC. | Other Service Provider | $559,335 | $7,042 | $566,377 |
| SAVE ON SP, LLP | Other Service Provider | $73,800 | — | $73,800 |
| FIRST STOP HEALTH LLC | Other Service Provider | $49,511 | — | $49,511 |
| TRIA HEALTH | Other Service Provider | $48,430 | — | $48,430 |
| BOSE MCKINNEY & EVANS LLP | ERISA Attorney | $41,557 | — | $41,557 |
| NON PROFIT FINANCIAL SOLUTIONS | Other Service Provider | $34,727 | — | $34,727 |
| BRADY WARE & SCHOENFELD INC | Auditor | $22,870 | — | $22,870 |
| RX BENEFITS | Other Service Provider | $7,402 | — | $7,402 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOSE MCKINNEY & EVANS LLP — ERISA Attorney
- BRADY WARE & SCHOENFELD INC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $844,674
- Estimated Expense Ratio: 14.186% 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 | $931,198 | $18,688 | $647,864 | $22,870 | — |
| 2023 | $866,365 | $13,261 | $562,961 | $21,280 | — |
| 2022 | $715,831 | — | — | — | $715,831 |