Plan Snapshot
- Plan Sponsor: Mba Group Insurance Trust
- Sponsor EIN: 916282535
- Sponsor Address: 15375 SE 30TH PL STE 380, BELLEVUE, WA, 980076500
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 14,979
- Total Assets: $18.1M
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 | 14,979 | $18.1M | $141.8M | $0 |
| 2023 | 16,812 | $10.8M | $158.0M | $0 |
| 2022 | 21,540 | $11.4M | $184.3M | $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 |
|---|---|---|---|---|
| CAPITAL BENEFIT SERVICES, LLC | Insurance Carrier | $6,967,575 | — | $6,967,575 |
| EPK & ASSOCIATES, INC. | Recordkeeper | $3,042,539 | — | $3,042,539 |
| FIRST CHOICE HEALTH | Other Service Provider | $191,635 | — | $191,635 |
| PERKINS COIE | Other Service Provider | $75,996 | — | $75,996 |
| SWEENEY CONRAD, P.S. | Other Service Provider | $33,500 | — | $33,500 |
| L/P INSURANCE SERVICES LLC | Insurance Carrier | $17,682 | — | $17,682 |
| CHARLES SCHWAB & CO, INC. | Custodian / Trustee | $13,622 | — | $13,622 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB & CO, INC. — Custodian / Trustee
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,342,549
- Estimated Expense Ratio: 57.296% 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 | $3,376,246 | — | $3,042,539 | $33,500 | — |
| 2023 | $3,641,556 | — | $3,244,507 | $31,000 | — |
| 2022 | $4,345,069 | — | $4,041,975 | — | $97,314 |