Plan Snapshot
- Plan Sponsor: Louisiana State Medical Society
- Sponsor EIN: 876643571
- Sponsor Address: 5555 HILTON AVE STE 420, BATON ROUGE, LA, 708082572
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 152
- Total Assets: $1.1M
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 | 152 | $1.1M | $1.7M | $0 |
| 2023 | 31 | $1.2M | $148,913 | $0 |
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 |
|---|---|---|---|---|
| HCP NATIONAL INSURANCE SERVICES INC | Other Service Provider | $203,539 | — | $203,539 |
| LIVE OAK MEWA MANAGEMENT LLC | Other Service Provider | $156,566 | — | $156,566 |
| MCGRIFF | Other Service Provider | $100,821 | — | $100,821 |
| BLUE CROSS AND BLUE SHIELD OF LOUIS | Other Service Provider | $78,353 | — | $78,353 |
| WINDSOR STRATEGY PARTNERS INC | Other Service Provider | $70,750 | — | $70,750 |
| STRATEGIC UNDERWRITING SOLUTION | Other Service Provider | $24,000 | — | $24,000 |
| GENOVA BURNS | Other Service Provider | $17,433 | — | $17,433 |
| HELENE CERISE LLC | Other Service Provider | $16,708 | — | $16,708 |
| RICHARD CPAS, LLC TAXED AS A PARTNE | Other Service Provider | $12,500 | — | $12,500 |
| KARL HANSON | Other Service Provider | $12,000 | — | $12,000 |
| AAJ COMPUTER SERVICES INC | Other Service Provider | $11,500 | — | $11,500 |
| EISNER AMPER LLP TAXED AS PARTNERSH | Other Service Provider | $6,000 | — | $6,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $710,170
- Estimated Expense Ratio: 62.688% 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 | $827,093 | — | $75,000 | $12,500 | — |
| 2023 | $376,115 | — | $83,333 | — | — |