Plan Snapshot
- Plan Sponsor: Independence Blue Cross, LLC
- Sponsor EIN: 463867722
- Sponsor Address: 1901 MARKET STREET, PHILADELPHIA, PA, 19103
- Plan Type: DB
- Total Participants: 1,133
- Total Assets: $687.1M
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 | 1,133 | $687.1M | $0 | $0 |
| 2023 | 1,245 | $705.1M | $0 | $0 |
| 2022 | 1,292 | $702.5M | $0 | $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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US, LLC | NONE | $970,571 | — | $970,571 |
| ARROWSTREET CAPITAL LP | NONE | $860,057 | — | $860,057 |
| SEI INVESTMENTS COMPANY | NONE | $688,208 | — | $688,208 |
| US BANK ASSET MANAGEMENT LLC | NONE | $142,500 | — | $142,500 |
| DELAWARE CHARTER DBA PRINCIPALTRUST | TRUSTEE | $119,355 | — | $119,355 |
| CENTERSQUARE INVESTMENT MANAGEMENT | NONE | $74,184 | — | $74,184 |
| BIRCH RUN INVESTMENTS, LLC | NONE | $73,738 | — | $73,738 |
| EAGLE ASSET MANAGEMENT, INC | NONE | $59,599 | — | $59,599 |
| VILLANOVA INVESTMENT MANAGEMENT COM | NONE | $53,800 | — | $53,800 |
| THE HAVERFORD TRUST COMPANY | NONE | $37,674 | — | $37,674 |
| WEAVER C. BARKSDALE & ASSOC. | NONE | $34,598 | — | $34,598 |
| DELOITTE & TOUCHE LLP | NONE | $29,587 | — | $29,587 |
| GLENMEDE TRUST | NONE | $25,357 | — | $25,357 |
| MORGAN, LEWIS & BOCKIUS LLP | NONE | $24,017 | — | $24,017 |
| RHUMBLINE ADVISERS LP | NONE | $22,773 | — | $22,773 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US, LLC — NONE
- US BANK ASSET MANAGEMENT LLC — NONE
- DELAWARE CHARTER DBA PRINCIPALTRUST — TRUSTEE
- DELOITTE & TOUCHE LLP — NONE
- MORGAN, LEWIS & BOCKIUS LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,216,018
- Estimated Expense Ratio: 0.468% 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 | $3,606,297 | $2,072,489 | — | — | — |
| 2023 | $3,278,254 | $1,831,971 | — | — | — |
| 2022 | $4,499,241 | $3,208,221 | — | — | $932,892 |