Plan Snapshot
- Plan Sponsor: The Board Of Trustees Of The Icso Group Health & Welfare Plan
- Sponsor EIN: 237258552
- Sponsor Address: 3601 VINCENNES ROAD, INDIANAPOLIS, IN, 46268
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 745
- Total Assets: $4.4M
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 | 745 | $4.4M | $13.1M | $318,622 |
| 2023 | 663 | $4.6M | $12.6M | $299,684 |
| 2022 | 658 | $4.1M | $12.5M | $278,691 |
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 |
|---|---|---|---|---|
| NAMIC INSURANCE AGENCY | Other Service Provider | $228,616 | — | $228,616 |
| PNC BANK NA | Other Service Provider | $24,061 | — | $24,061 |
| L.M. HENDERSON & COMPANY, LLP | Other Service Provider | $21,800 | — | $21,800 |
| RON CASSESSO | Other Service Provider | $20,000 | — | $20,000 |
| THE SEGAL COMPANY | Other Service Provider | $18,565 | — | $18,565 |
| EXTEND HEALTH, INC | Other Service Provider | $16,064 | — | $16,064 |
| ICSO HUMAN RESOURCES ASSOCTN INC. | Other Service Provider | $14,000 | — | $14,000 |
| CLARITY BENEFIT SOLUTIONS FSA | Other Service Provider | $11,320 | — | $11,320 |
| IRON MOUNTAIN | Other Service Provider | $10,258 | — | $10,258 |
| BOARDMAN & CLARK | Other Service Provider | $9,450 | — | $9,450 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $374,134
- Estimated Expense Ratio: 8.578% 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 | $551,098 | — | — | $21,800 | — |
| 2023 | $482,618 | — | — | $20,750 | — |
| 2022 | $460,887 | — | — | — | $20,873 |