Plan Snapshot
- Plan Sponsor: The Board Of Trustees Of The Catholic Charities Usa Employee Welfare B
- Sponsor EIN: 456491273
- Sponsor Address: 2050 BALLENGER AVENUE, ALEXANDRIA, VA, 22314
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,733
- Total Assets: $24.6M
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 | 2,733 | $24.6M | $0 | $0 |
| 2023 | 2,860 | $19.0M | $0 | $0 |
| 2022 | 2,842 | $11.9M | $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 |
|---|---|---|---|---|
| CAREFIRST ADMINISTRATORS | Recordkeeper | $1,480,622 | — | $1,480,622 |
| USI INSURANCE SERVICES | Investment Advisor | $408,684 | — | $408,684 |
| CHERRY BEKAERT | Other Service Provider | $178,074 | — | $178,074 |
| S. ROBINSON | Other Service Provider | $174,201 | — | $174,201 |
| DELTA DENTAL OF VIRGINIA | Other Service Provider | $73,519 | — | $73,519 |
| HEALTH ADVOCATE | Other Service Provider | $73,348 | — | $73,348 |
| HUB INTERNATIONAL | Insurance Carrier | $60,625 | — | $60,625 |
| P&A ADMINISTRATIVE SERVICES, INC. | Other Service Provider | $49,728 | — | $49,728 |
| APRIO LLP | Auditor | $47,080 | — | $47,080 |
| 4MYBENEFITS, INC. | Recordkeeper | $45,102 | — | $45,102 |
| HEALTHSPARQ/MD LIVE MED | Other Service Provider | $41,336 | — | $41,336 |
| VISION SERVICE PLAN | Recordkeeper | $26,551 | — | $26,551 |
| ZOMOHEALTH, LLC | Other Service Provider | $26,542 | — | $26,542 |
| CONIFER HEALTH | Other Service Provider | $9,117 | — | $9,117 |
| ARENT FOX LLP | ERISA Attorney | $5,183 | — | $5,183 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,699,712
- Estimated Expense Ratio: 10.958% 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 | $1,871,499 | — | $1,265,129 | $47,080 | — |
| 2023 | $1,783,345 | — | $1,245,037 | $41,774 | — |
| 2022 | $1,725,356 | — | $1,725,356 | — | — |