Plan Snapshot
- Plan Sponsor: Ohio Bankers Benefits Trust
- Sponsor EIN: 316172509
- Sponsor Address: 4215 WORTH AVE STE 300, COLUMBUS, OH, 432191546
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,664
- Total Assets: $9.6M
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 | 2,664 | $9.6M | $36.5M | $0 |
| 2023 | 2,849 | $11.4M | $34.3M | $0 |
| 2022 | 2,702 | $14.7M | $27.2M | $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 |
|---|---|---|---|---|
| BUSINESSOLVERS | Other Service Provider | $184,653 | — | $184,653 |
| DIAMOND CONSULTING GROUP | Other Service Provider | $155,705 | — | $155,705 |
| CONSOLIPLEX | Other Service Provider | $144,000 | — | $144,000 |
| MALONEY + NOVOTNY,LLC | Auditor | $42,400 | — | $42,400 |
| VORYS, SATER, SEYMOUR & PEASE LLP | ERISA Attorney | $13,432 | — | $13,432 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MALONEY + NOVOTNY,LLC — Auditor
- VORYS, SATER, SEYMOUR & PEASE LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $540,190
- Estimated Expense Ratio: 5.654% 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 | $2,222,327 | — | $1,826,137 | $42,400 | — |
| 2023 | $2,685,950 | — | $2,176,294 | $41,000 | — |
| 2022 | $2,276,714 | — | $1,468,481 | — | $122,710 |