Plan Snapshot
- Plan Sponsor: Sedgwick Claims Management Services, INC.
- Sponsor EIN: 362685608
- Sponsor Address: 8125 SEDGWICK WAY, MEMPHIS, TN, 38125
- Plan Type: Health & Welfare
- Plan Number: 508
- Total Participants: 23,442
- Total Assets: $0
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 | 23,442 | $0 | $0 | $0 |
| 2023 | 24,334 | $0 | $0 | $0 |
| 2022 | 23,815 | $0 | $0 | $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 |
|---|---|---|---|---|
| OPTUMRX, INC | Other Service Provider | $79,793,925 | $119,478 | $79,913,403 |
| UMR,INC | Other Service Provider | $9,685,375 | $188,797 | $9,874,172 |
| UNITED HEALTHCARE SERVICES, INC. | Other Service Provider | $2,527,093 | — | $2,527,093 |
| DELTA DENTAL OF TENNESSEE | Recordkeeper | $683,520 | — | $683,520 |
| BSWIFT LLC | Recordkeeper | — | $81,620 | $81,620 |
| COMPSYCH | Recordkeeper | — | $33,314 | $33,314 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,113,122
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 | — | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |