Plan Snapshot
- Plan Sponsor: Independence Holding Company
- Sponsor EIN: 581407235
- Sponsor Address: 96 CUMMINGS POINT ROAD, STAMFORD, CT, 06902
- Plan Type: 401(k)
- Total Participants: 174
- Total Assets: $36.8M
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 | 174 | $36.8M | $399,800 | $1.3M |
| 2023 | 156 | $35.1M | $365,364 | $1.3M |
| 2022 | 158 | $30.6M | $453,551 | $1.3M |
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 |
|---|---|---|---|---|
| ONEAMERICA RETIREMENT SERVICES LLC | Other Service Provider | $50,320 | — | $50,320 |
| ONEAMERICA INVESTMENT ADVISORY SVCS | Other Service Provider | $10,560 | — | $10,560 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,880
- Estimated Expense Ratio: 0.166% 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 | $60,880 | $10,560 | — | — | — |
| 2023 | $56,117 | $4,913 | — | — | — |
| 2022 | $114,184 | — | — | — | $114,184 |