Plan Snapshot
- Plan Sponsor: Seiu Healthcare PA Health And Welfare Fund
- Sponsor EIN: 251523430
- Sponsor Address: 6345 FLANK DRIVE, SUITE 400, HARRISBURG, PA, 17112
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,419
- 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 | 2,419 | $9.6M | $22.9M | $49,709 |
| 2023 | 2,361 | $12.4M | $18.7M | $44,297 |
| 2022 | 2,039 | $12.3M | $17.0M | $36,870 |
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 |
|---|---|---|---|---|
| HIGHMARK BLUE CROSS & BLUE SHIELD | Other Service Provider | $1,278,155 | — | $1,278,155 |
| BENEFIT PLANNERS ASSOCIATES | Other Service Provider | $190,425 | — | $190,425 |
| ECKERT SEAMANS CHERIN & MERLOTT LLC | Other Service Provider | $67,808 | — | $67,808 |
| STUYVESANT CAPITAL MANAGEMENT | Other Service Provider | $47,546 | — | $47,546 |
| THE SEGAL COMPANY | Other Service Provider | $35,214 | — | $35,214 |
| CVS CAREMARK | Other Service Provider | $25,273 | — | $25,273 |
| ALAN ROSS & COMPANY PC | Other Service Provider | $21,000 | — | $21,000 |
| WILMINGTON TRUST | Other Service Provider | $11,883 | — | $11,883 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,677,304
- Estimated Expense Ratio: 17.446% 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 | $1,740,743 | $59,430 | $190,425 | $21,000 | — |
| 2023 | $1,478,083 | $67,155 | $180,963 | $19,000 | — |
| 2022 | $412,423 | $73,956 | $186,836 | — | $83,415 |