Plan Snapshot
- Plan Sponsor: Nasa Federal Credit Union
- Sponsor EIN: 530258248
- Sponsor Address: 500 PRINCE GEORGE'S BLVD., UPPER MARLBORO, MD, 20774
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 388
- Total Assets: $0
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 | 388 | $0 | $0 | $0 |
| 2023 | 374 | $0 | $0 | $0 |
| 2022 | 353 | $0 | $0 | $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 |
|---|---|---|---|---|
| CAREFIRST ADMINISTRATORS | Recordkeeper | $169,946 | — | $169,946 |
| SYMETRA FINANCIAL | Insurance Carrier | $136,528 | — | $136,528 |
| HILB GROUP OF MARYLAND | Investment Advisor | $133,703 | — | $133,703 |
| THE BENECON GROUP, LLC | Investment Advisor | $48,653 | — | $48,653 |
| GROUP HOSPITALIZATION MEDICAL SVCS. | Recordkeeper | $17,803 | — | $17,803 |
| CONNECTCARE3, LLC | Other Service Provider | $13,777 | — | $13,777 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $520,410
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 | — | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |