Plan Snapshot
- Plan Sponsor: Kansas Electric Cooperative Health Insurance Trust
- Sponsor EIN: 481226510
- Sponsor Address: PO BOX 1020, HAYS, KS, 67601
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,053
- Total Assets: $5.8M
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 | 1,053 | $5.8M | $19.6M | $2.2M |
| 2023 | 1,052 | $4.4M | $19.4M | $2.2M |
| 2022 | 1,053 | $3.0M | $18.7M | $2.1M |
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 |
|---|---|---|---|---|
| BLUE CROSS AND BLUE SHIELD OF KS | Other Service Provider | $1,080,618 | — | $1,080,618 |
| IMA, INC. | Other Service Provider | $127,500 | — | $127,500 |
| BRUNGARDT HOWER, ET AL | Other Service Provider | $17,600 | — | $17,600 |
| LEWIS & ELLIS, INC | Other Service Provider | $12,500 | — | $12,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,238,218
- Estimated Expense Ratio: 21.189% 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 | $762,921 | $127,500 | $605,321 | $17,600 | — |
| 2023 | $1,012,462 | — | $980,721 | $16,300 | — |
| 2022 | $1,077,028 | — | $1,043,536 | — | $33,492 |