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: 506
- Total Participants: 3,866
- Total Assets: $26.2M
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 | 3,866 | $26.2M | $52.5M | $3.9M |
| 2023 | 5,191 | $34.6M | $70.5M | $5.1M |
| 2022 | 6,740 | $38.3M | $86.0M | $6.8M |
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 |
|---|---|---|---|---|
| UNITEDHEALTHCARE | Other Service Provider | $3,218,197 | — | $3,218,197 |
| WITHUMSMITH+BROWN, P.C. | Auditor | $451,053 | — | $451,053 |
| EXPRESS SCRIPTS, INC. | Other Service Provider | $197,559 | — | $197,559 |
| TRUIST BANK | Other Service Provider | $40,629 | — | $40,629 |
| WILLIS TOWERS WATSON | Recordkeeper | $20,500 | — | $20,500 |
| MCMC, LLC | Other Service Provider | $15,900 | — | $15,900 |
| REMEDY ANALYTICS, INC. | Other Service Provider | $13,333 | — | $13,333 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, P.C. — Auditor
- WILLIS TOWERS WATSON — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,957,171
- Estimated Expense Ratio: 15.089% 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 | $3,919,933 | — | $3,394,418 | $47,500 | — |
| 2023 | $4,578,351 | — | $4,348,981 | $46,800 | — |
| 2022 | $6,005,528 | $54,630 | $5,734,346 | — | $216,552 |