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: 508
- Total Participants: 31,597
- Total Assets: $20.7M
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 | 31,597 | $20.7M | $18.5M | $0 |
| 2023 | 31,599 | $27.0M | $33.2M | $0 |
| 2022 | 30,562 | $14.2M | $26.7M | $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 | $2,091,922 | — | $2,091,922 |
| WITHUMSMITH+BROWN, PC | Auditor | $467,546 | — | $467,546 |
| TRUIST BANK | Other Service Provider | $33,703 | — | $33,703 |
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: $2,593,171
- Estimated Expense Ratio: 12.540% 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 | $2,598,481 | — | $2,095,917 | $47,500 | — |
| 2023 | $2,307,062 | — | $2,098,255 | $36,800 | — |
| 2022 | $1,985,427 | $7,628 | $1,851,883 | — | $125,916 |