Plan Snapshot
- Plan Sponsor: Management-Ila Managed Health
- Sponsor EIN: 133968546
- Sponsor Address: 55 BROADWAY - 27TH FLOOR, NEW YORK, NY, 10006
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 23,890
- Total Assets: $1.7B
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 | 23,890 | $1.7B | $694.7M | $890,481 |
| 2023 | 24,106 | $1.5B | $663.6M | $1.0M |
| 2022 | 23,521 | $1.4B | $709.8M | $1.0M |
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 |
|---|---|---|---|---|
| CIGNA | Other Service Provider | $9,643,232 | — | $9,643,232 |
| LIVONGO HEALTH INC. | Other Service Provider | $1,203,982 | — | $1,203,982 |
| BOYD WATTERSON ASSET MGMT, LLC | Investment Advisor | $1,165,631 | — | $1,165,631 |
| AETNA | Other Service Provider | $694,523 | — | $694,523 |
| CAREMARK | Other Service Provider | $535,145 | — | $535,145 |
| LOOMIS, SAYLES & COMPANY, LP | Investment Advisor | $477,342 | — | $477,342 |
| THE SEGAL COMPANY | Other Service Provider | $466,409 | — | $466,409 |
| CCC SERVICE CORPORATION | Auditor | $450,000 | — | $450,000 |
| THE LAMBOS FIRM, LLP | ERISA Attorney | $360,083 | — | $360,083 |
| MAZZOLA MARDON, PC | ERISA Attorney | $343,213 | — | $343,213 |
| OXER TECHNOLOGIES, INC. | Other Service Provider | $311,226 | — | $311,226 |
| AMALGAMATED BANK OF NEW YORK | Custodian / Trustee | $309,075 | — | $309,075 |
| LAVERNE THOMPSON | Other Service Provider | $305,166 | — | $305,166 |
| ROBIN CSABON | Other Service Provider | $272,687 | — | $272,687 |
| UNI PRINTING SOLUTIONS LLC | Other Service Provider | $262,455 | — | $262,455 |
| DESENA & COMPANY CPAS, LLC | Other Service Provider | $204,299 | — | $204,299 |
| REYNOLDS CONSULTING SERVICES, LLC | Other Service Provider | $195,611 | — | $195,611 |
| EBERTS AND HARRISON, INC. | Insurance Carrier | $171,440 | — | $171,440 |
| NUVEEN ASSET MGMT LLC | Investment Advisor | $158,679 | — | $158,679 |
| LORD ABBETT & CO. | Investment Advisor | $119,978 | — | $119,978 |
| EYEMED VISION CARE | Other Service Provider | $112,113 | — | $112,113 |
| SHARLEKA MILLINGTON | Other Service Provider | $109,586 | — | $109,586 |
| SEGAL SELECT INSURANCE SVC INC | Insurance Carrier | $106,997 | — | $106,997 |
| IMX MEDICAL MANAGEMENT SERVICE INC. | Other Service Provider | $105,020 | — | $105,020 |
| ANGELINA KISHORE | Other Service Provider | $67,244 | — | $67,244 |
| GLENN VANISH | Other Service Provider | $35,146 | — | $35,146 |
| MARCUM SEARCH LLC | Other Service Provider | $25,000 | — | $25,000 |
| BIGNAULT & CARTER | Other Service Provider | $17,467 | — | $17,467 |
| THE HANOVER INSURANCE GROUP | Insurance Carrier | $11,875 | — | $11,875 |
| COGENT COMMUNICATIONS, INC | Other Service Provider | $10,800 | — | $10,800 |
| OPEN TEXT, INC | Other Service Provider | $10,118 | — | $10,118 |
| VISUAL VAULT, LLC | Other Service Provider | $8,220 | — | $8,220 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,269,762
- Estimated Expense Ratio: 1.103% 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 | $8,382,833 | $3,350,079 | — | $169,533 | — |
| 2023 | $8,256,540 | $3,555,778 | — | $163,243 | — |
| 2022 | $8,239,138 | $3,706,891 | — | — | $2,138,529 |