# New Era Life Insurance Company Health & Welfare Plan
Source: https://planprovider.pro/companies/new-era-life-insurance-company-742552025-501

> New Era Life Insurance Company's Health & Welfare plan: 252 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** New Era Life Insurance Company

- **Sponsor EIN:** 742552025

- **Sponsor Address:** 11720 KATY FWY STE 1700, HOUSTON, TX, 770796578

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 252

- **Total Assets:** $617,694

## 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|252|$617,694|$2.7M|$549,401|

| 2023|252|$418,508|$2.8M|$549,429|

| 2022|248|$10,070|$2.7M|$519,985|

## 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|

| NEW ERA LIFE INSURANCE COMPANY|Other Service Provider|$36,000|—|$36,000|

| CHERRY BEKAERT LLP|Other Service Provider|$25,922|—|$25,922|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $61,922

- **Estimated Expense Ratio:** 10.025% 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|$93,153|—|$36,000|$25,922|—|

| 2023|$77,139|—|$36,000|$8,256|—|

| 2022|$78,461|—|$36,000|—|$14,000|

## Similar Plans

- [Health Care Service Corporation](https://planprovider.pro/companies/healthcare-service-corporation-401k-plan) — 36,460 participants

- [Health Care Service Corp A Mututal Legal Reserve Corp](https://planprovider.pro/companies/health-care-service-corp-a-mututal-legal-reserve-corp-361236610-502) — 26,278 participants

- [Health Care Service Corporation, A Mututal Legal Reserve Co.](https://planprovider.pro/companies/health-care-service-corporation-a-mutual-legal-reserve-co-plan-004) — 25,584 participants

- [Healthcare Service Corporation, A Mututal Legal Reserve Co.](https://planprovider.pro/companies/healthcare-service-corporation-a-mututal-legal-reserve-co-plan) — 25,584 participants

- [Corebridge Financial, INC.](https://planprovider.pro/companies/corebridge-financial-inc-401k-plan) — 5,142 participants

- [American National Insurance Company](https://planprovider.pro/companies/american-national-insurance-company-401k-plan) — 4,224 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/new-era-life-insurance-company-742552025-501)

© 2026 PlanProvider.Pro