Plan Snapshot
- Plan Sponsor: Montana Credit Union League
- Sponsor EIN: 376420195
- Sponsor Address: 101 NORTH RODNEY ST, HELENA, MT, 59601
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 272
- Total Assets: $4.9M
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 | 272 | $4.9M | $0 | $4.0M |
| 2023 | 371 | $4.5M | $0 | $5.2M |
| 2022 | 384 | $4.3M | $0 | $5.6M |
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 |
|---|---|---|---|---|
| LEAGUE SERVICE GROUP | Custodian / Trustee | $232,519 | — | $232,519 |
| LEAVITT GROUP | Other Service Provider | $60,000 | — | $60,000 |
| SMITH RX | Other Service Provider | $48,958 | — | $48,958 |
| EBMS | Recordkeeper | $47,489 | — | $47,489 |
| FIDUCIARY RISK MANAGEMENT | Other Service Provider | $34,994 | — | $34,994 |
| HEALTH JOY | Other Service Provider | $32,750 | — | $32,750 |
| FIRST CHOICE HEALTH | Other Service Provider | $19,686 | — | $19,686 |
| RELIANCE STANDARD | Other Service Provider | $14,271 | — | $14,271 |
| DOUGLAS WILSON AND COMPANY P.C. | Other Service Provider | $12,380 | — | $12,380 |
| TAKE CONTROL, INC. | Other Service Provider | $11,881 | — | $11,881 |
| MEDICAL REHABILITATION CONSULTANTS | Other Service Provider | $8,604 | — | $8,604 |
| CPI QUALIFIED PLAN CONSULTANTS, INC | Recordkeeper | $7,280 | — | $7,280 |
| HEALTH RISK STRATEGIES, LLC | Other Service Provider | $6,000 | — | $6,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EBMS — Recordkeeper
- CPI QUALIFIED PLAN CONSULTANTS, INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $536,812
- Estimated Expense Ratio: 10.866% 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 | $557,176 | $43,445 | $388,089 | $8,800 | — |
| 2023 | $690,677 | $47,295 | $503,033 | $8,500 | — |
| 2022 | $679,696 | $43,785 | $515,303 | — | $120,608 |