Plan Snapshot
- Plan Sponsor: Independence Blue Cross, LLC
- Sponsor EIN: 463867722
- Sponsor Address: 1901 MARKET STREET, 26TH FLOOR, PHILADELPHIA, PA, 191031480
- Plan Type: 401(k)
- Total Participants: 4,620
- Total Assets: $918.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 4,620 | $918.9M | $37.3M | $21.8M |
| 2023 | 4,285 | $958.2M | $19.8M | $34.5M |
| 2022 | 4,055 | $809.3M | $18.5M | $33.2M |
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 |
|---|---|---|---|---|
| VANGUARD ADVISERS INC. | NONE | $308,940 | — | $308,940 |
| VANGUARD FIDUCIARY TRUST COMPANY | NONE | $230,689 | — | $230,689 |
| DELOITTE TAX LLP | NONE | $35,800 | — | $35,800 |
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VANGUARD ADVISERS INC. — NONE
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $575,429
- Estimated Expense Ratio: 0.063% 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 | $576,115 | $308,940 | — | — | — |
| 2023 | $748,685 | $359,430 | — | $20,360 | — |
| 2022 | $720,981 | $337,815 | — | — | $99,100 |