# Maximus Services, LLC Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/maximus-services-llc-832064210-501

> Maximus Services, LLC&#39;s Health &amp; Welfare plan: 10,429 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Maximus Services, LLC

- **Sponsor EIN:** 832064210

- **Sponsor Address:** 1600 TYSONS BLVD., MCLEAN, VA, 22102

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 10,429

- **Total Assets:** $35.0M

## 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|10,429|$35.0M|$67.4M|$6.4M|

| 2023|10,012|$44.8M|$68.5M|$5.8M|

| 2022|13,189|$45.8M|$84.9M|$6.6M|

## 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|

| ANTHEM BLUE CROSS AND BLUE SHIELD|Other Service Provider|$4,998,585|—|$4,998,585|

| ASSURED PARTNERS GSA NATIONAL|Other Service Provider|$2,865,043|—|$2,865,043|

| ALIGHT/HODGES MACE, LLC|Other Service Provider|$517,744|—|$517,744|

| EXPRESS SCRIPTS|Other Service Provider|$386,224|—|$386,224|

| CIGNA HEALTH AND LIFE INSURANCE CO.|Recordkeeper|$131,968|—|$131,968|

| APRIO LLP|Other Service Provider|$68,922|—|$68,922|

| FLEXFACTS|Other Service Provider|$16,536|—|$16,536|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $8,985,022

- **Estimated Expense Ratio:** 25.696% 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|$9,086,819|—|$9,017,897|$68,922|—|

| 2023|$10,302,802|—|$10,205,552|$49,000|—|

| 2022|$11,757,024|—|$11,658,838|—|$98,186|

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