Plan Snapshot
- Plan Sponsor: Independent Health Association, INC.
- Sponsor EIN: 161080163
- Sponsor Address: 511 FARBER LAKES DRIVE, BUFFALO, NY, 14221
- Plan Type: DB
- Plan Number: 001
- Total Participants: 457
- Total Assets: $89.4M
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. |
|---|---|---|---|---|
| 2025 | 457 | $89.4M | $0 | $0 |
| 2024 | 345 | $90.1M | $0 | $0 |
| 2023 | 372 | $87.5M | $0 | $0 |
| 2022 | 389 | $82.7M | $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 |
|---|---|---|---|---|
| FEDERATED INVESTMENT COUNSELING | Other Service Provider | $30,507 | — | $30,507 |
| F.L. PUTNAM INVESTMENT MANAGEMENT C | Other Service Provider | $16,320 | — | $16,320 |
| ACRISURE EAST INSURANCE SVCS, LLC | Other Service Provider | $15,875 | — | $15,875 |
| MORGAN STANLEY SMITH BARNEY LLC | Other Service Provider | $15,821 | — | $15,821 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,523
- Estimated Expense Ratio: 0.088% 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 |
|---|---|---|---|---|---|
| 2025 | $12,277,724 | $46,827 | — | — | — |
| 2024 | — | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |