Plan Snapshot
- Plan Sponsor: The Heritage Group Health Plan Benefits Committee
- Sponsor EIN: 351448549
- Sponsor Address: 6640 INTECH BLVD, INDIANAPOLIS, IN, 46278
- Plan Type: 401(k)
- Plan Number: 601
- Total Participants: 3,148
- Total Assets: $5.5M
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 | 3,148 | $5.5M | $63.3M | $11.3M |
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 |
|---|---|---|---|---|
| LHD BENEFIT ADVISORS | Other Service Provider | $184,740 | — | $184,740 |
| ST VINCENT HEALTH W&P CARE INST INC | Other Service Provider | $86,919 | — | $86,919 |
| MERCER HEALTH & BENEFITS, LLC | Other Service Provider | $79,100 | — | $79,100 |
| GCG FINANCIAL LLC | Other Service Provider | $40,000 | — | $40,000 |
| ALTERNATIVE HEALTH SOLUTIONS, LLC | Other Service Provider | $36,000 | — | $36,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $426,759
- Estimated Expense Ratio: 7.771% 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 | $684,126 | — | $228,741 | $26,500 | — |