Plan Snapshot
- Plan Sponsor: Illinois Wesleyan University
- Sponsor EIN: 370662594
- Sponsor Address: 1312 PARK STREET, BLOOMINGTON, IL, 61701
- Plan Type: Health & Welfare
- Plan Number: 575
- Total Participants: 137
- Total Assets: $5.1M
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 | 137 | $5.1M | $0 | $28,497 |
| 2023 | 170 | $4.8M | $0 | $25,372 |
| 2022 | 194 | $4.4M | $0 | $23,698 |
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 |
|---|---|---|---|---|
| ILLINOIS WESLEYAN UNIVERSITY | Other Service Provider | $15,000 | — | $15,000 |
| EMERITI RETIREMENT HEALTH SOLUTIONS | Other Service Provider | $14,576 | — | $14,576 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,576
- Estimated Expense Ratio: 0.581% 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 | $29,576 | — | $14,576 | $15,000 | — |
| 2023 | $25,368 | — | $13,868 | $11,500 | — |
| 2022 | $12,993 | — | $12,993 | — | — |