Plan Snapshot
- Plan Sponsor: M.I.R.A-G.M.P And Allied Workers Insurance Trust
- Sponsor EIN: 043194045
- Sponsor Address: 525 VINE STREET, SUITE 2325, CINCINNATI, OH, 45202
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 219
- Total Assets: $819,814
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 | 219 | $819,814 | $3.3M | $619,669 |
| 2023 | 213 | $2.2M | $4.8M | $666,658 |
| 2022 | 199 | $2.0M | $3.3M | $693,700 |
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 |
|---|---|---|---|---|
| AETNA | Other Service Provider | $398,544 | — | $398,544 |
| LUMINARE HEALTH BENEFITS, INC | Other Service Provider | $104,528 | — | $104,528 |
| AMERICAN BENEFIT CORPORATION | Recordkeeper | $37,200 | — | $37,200 |
| COLOMBO & COLOMBO | ERISA Attorney | $25,272 | — | $25,272 |
| GRAY GRIFFITH & MAYS | Auditor | $18,565 | — | $18,565 |
| SEGAL SELECT INSURANCE SERVICES IN. | Other Service Provider | $11,774 | — | $11,774 |
| SEGAL CONSULTING | Actuary | $6,878 | — | $6,878 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $602,761
- Estimated Expense Ratio: 73.524% 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 | $215,751 | — | $37,358 | $18,565 | — |
| 2023 | $243,897 | $2,800 | $37,200 | $20,811 | — |
| 2022 | $212,600 | — | — | — | — |