Plan Snapshot
- Plan Sponsor: Joint Plan Committee
- Sponsor EIN: 800616625
- Sponsor Address: 251 - 18TH STREET, SOUTH, SUITE 750, ARLINGTON, VA, 22202
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 75,198
- Total Assets: $597.2M
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 | 75,198 | $597.2M | $1.5B | $250.6M |
| 2023 | 75,608 | $446.6M | $1.4B | $250.8M |
| 2022 | 74,512 | $351.4M | $1.3B | $184.1M |
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 |
|---|---|---|---|---|
| UNITEDHEALTHCARE | Other Service Provider | $49,564,896 | — | $49,564,896 |
| HIGHMARK | Other Service Provider | $12,786,648 | — | $12,786,648 |
| AETNA US HEALTHCARE | Other Service Provider | $7,455,030 | — | $7,455,030 |
| EXPRESS SCRIPTS, INC. | Other Service Provider | $4,412,390 | — | $4,412,390 |
| TELADOC HEALTH INC. | Other Service Provider | $1,215,045 | — | $1,215,045 |
| HEALTH ADVOCATE SOLUTIONS, INC. | Other Service Provider | $667,273 | — | $667,273 |
| WITHUMSMITH+BROWN, P.C. | Auditor | $635,439 | — | $635,439 |
| TRUIST BANK | Other Service Provider | $478,333 | — | $478,333 |
| LANTERN SPECIALTY | Other Service Provider | $252,291 | — | $252,291 |
| CLOVER PRINTING | Other Service Provider | $240,366 | — | $240,366 |
| MCMC, LLC | Other Service Provider | $178,250 | — | $178,250 |
| SEGAL COMPANY | Other Service Provider | $87,968 | — | $87,968 |
| RSC INSURANCE BROKERAGE, INC | Other Service Provider | $80,799 | — | $80,799 |
| WILLIS TOWERS WATSON US, LLC | Recordkeeper | $64,811 | — | $64,811 |
| EVOLENT HEALTH LLC | Other Service Provider | $63,700 | — | $63,700 |
| REMEDY ANALYTICS, INC. | Other Service Provider | $13,333 | — | $13,333 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, P.C. — Auditor
- WILLIS TOWERS WATSON US, LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,196,572
- Estimated Expense Ratio: 13.095% 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 | $75,545,922 | — | $73,436,525 | $108,150 | — |
| 2023 | $71,076,863 | — | $69,883,663 | $100,600 | — |
| 2022 | $69,280,905 | $118,425 | $65,816,037 | — | $2,906,418 |