Plan Snapshot
- Plan Sponsor: Keycorp
- Sponsor EIN: 346542451
- Sponsor Address: 127 PUBLIC SQUARE, CLEVELAND, OH, 44114
- Plan Type: Health & Welfare
- Plan Number: 514
- Total Participants: 3,046
- Total Assets: $41.1M
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 | 3,046 | $41.1M | $12,663 | $976,779 |
| 2023 | 2,971 | $39.3M | $58,498 | $1.0M |
| 2022 | 3,012 | $39.8M | $223,722 | $1.1M |
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 |
|---|---|---|---|---|
| ALIGHT | Recordkeeper | $240,887 | — | $240,887 |
| WILLIS TOWERS WATSON | Other Service Provider | $69,259 | — | $69,259 |
| MEADEN & MOORE, LTD. | Auditor | $31,900 | — | $31,900 |
| UNITED HEALTHCARE | Other Service Provider | $21,328 | — | $21,328 |
| AON | Recordkeeper | $12,250 | — | $12,250 |
| CALLAN LLC | Other Service Provider | $6,000 | — | $6,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT — Recordkeeper
- MEADEN & MOORE, LTD. — Auditor
- AON — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $381,624
- Estimated Expense Ratio: 0.929% 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 | $387,127 | $6,000 | — | $31,900 | — |
| 2023 | $4,010,315 | $6,104 | — | $3,850 | — |
| 2022 | $2,790,240 | — | — | — | — |