# Keycorp Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/keycorp-346542451-514

> Keycorp&#39;s Health &amp; Welfare plan: 3,046 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/alight-solutions) — Recordkeeper

- [MEADEN & MOORE, LTD.](https://planprovider.pro/provider/meaden-and-moore-ltd) — Auditor

- [AON](https://planprovider.pro/provider/alight-solutions) — 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|—|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/keycorp-346542451-514)

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