Plan Snapshot
- Plan Sponsor: Ohio Education Association
- Sponsor EIN: 314269414
- Sponsor Address: 225 EAST BROAD STREET, COLUMBUS, OH, 43215
- Plan Type: Health & Welfare
- Plan Number: 510
- Total Participants: 181
- Total Assets: $19.8M
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 | 181 | $19.8M | $7.2M | $593,811 |
| 2023 | 178 | $18.0M | $7.3M | $592,689 |
| 2022 | 182 | $15.8M | $7.1M | $574,576 |
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 |
|---|---|---|---|---|
| USI BENEFITS CONSULTING | Other Service Provider | $56,732 | — | $56,732 |
| CAPFINANCIAL | Other Service Provider | $36,478 | — | $36,478 |
| AON HEWITT | Recordkeeper | $28,825 | — | $28,825 |
| CLARK, SCHAEFER, HACKETT & CO. | Other Service Provider | $25,500 | — | $25,500 |
| VORYS | ERISA Attorney | $15,108 | — | $15,108 |
| CUSTOM DESIGN BENEFITS | Other Service Provider | $8,332 | — | $8,332 |
| MATRIX TRUST COMPANY | Recordkeeper | $6,039 | — | $6,039 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON HEWITT — Recordkeeper
- VORYS — ERISA Attorney
- MATRIX TRUST COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $177,014
- Estimated Expense Ratio: 0.894% 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 | $181,396 | $36,478 | — | $25,500 | — |
| 2023 | $163,031 | $46,466 | — | $23,100 | — |
| 2022 | $163,365 | $44,254 | $4,989 | — | $101,216 |