Plan Snapshot
- Plan Sponsor: Lehigh Valley Association Of Independent Colleges
- Sponsor EIN: 237077479
- Sponsor Address: 116 RESEARCH DRIVE, BETHLEHEM, PA, 18015
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,295
- Total Assets: $4.6M
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 | 1,295 | $4.6M | $14.7M | $3.7M |
| 2023 | 1,326 | $8.1M | $17.3M | $3.6M |
| 2022 | 1,317 | $7.4M | $15.3M | $5.0M |
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 |
|---|---|---|---|---|
| CAPITAL ADVANTAGE ASSURANCE COMPANY | Recordkeeper | $380,263 | — | $380,263 |
| USI INSURANCE SERVICES | Other Service Provider | $175,000 | — | $175,000 |
| MAGELLAN RX MANAGEMENT, LLC | Other Service Provider | $68,173 | — | $68,173 |
| BAKER TILLY US, LLP | Auditor | $24,175 | — | $24,175 |
| RXBENEFITS | Other Service Provider | $16,519 | — | $16,519 |
| TRAVELS INSURANCE | Other Service Provider | $15,672 | — | $15,672 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $679,802
- Estimated Expense Ratio: 14.662% 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 | $621,889 | — | $448,436 | $24,175 | — |
| 2023 | $682,045 | — | $428,242 | $12,344 | — |
| 2022 | $553,210 | — | — | — | — |