Plan Snapshot
- Plan Sponsor: National Master Trust
- Sponsor EIN: 956888352
- Sponsor Address: 3030 S. BUNDY DRIVE, LOS ANGELES, CA, 90066
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 3,555
- Total Assets: $5.9M
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 | 3,555 | $5.9M | $2.8M | $0 |
| 2023 | 3,964 | $5.8M | $3.1M | $0 |
| 2022 | 2,911 | $6.4M | $3.0M | $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 |
|---|---|---|---|---|
| KELSEY NATIONAL CORPORATION | Insurance Carrier | $988,095 | — | $988,095 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $988,095
- Estimated Expense Ratio: 16.849% 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 | $739,934 | -$32,379 | $772,313 | — | — |
| 2023 | $956,079 | $383,323 | $572,756 | — | — |
| 2022 | $794,610 | $111,069 | $683,541 | — | — |