Plan Snapshot
- Plan Sponsor: National Carriers' Conference Committee
- Sponsor EIN: 521036399
- Sponsor Address: 251 - 18TH STREET SOUTH SUITE 750, ARLINGTON, VA, 22202
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 26,259
- Total Assets: $10.9M
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 | 26,259 | $10.9M | $9.7M | $0 |
| 2023 | 25,696 | $13.1M | $14.4M | $0 |
| 2022 | 24,898 | $9.0M | $14.2M | $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 |
|---|---|---|---|---|
| THE HARTFORD | Other Service Provider | $1,725,531 | — | $1,725,531 |
| WITHUMSMITH+BROWN, PC | Auditor | $468,326 | — | $468,326 |
| TRUIST BANK | Other Service Provider | $23,837 | — | $23,837 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,217,694
- Estimated Expense Ratio: 20.405% 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 | $2,220,011 | — | $1,727,190 | $47,500 | — |
| 2023 | $1,879,998 | — | $1,681,235 | $36,800 | — |
| 2022 | $1,619,830 | $16,184 | $1,479,100 | — | $124,546 |