Plan Snapshot
- Plan Sponsor: Umass Memorial Health Care, INC.
- Sponsor EIN: 043358566
- Sponsor Address: WBC- 67 MILLBROOK STREET, WORCESTER, MA, 01606
- Plan Type: DB
- Total Participants: 9,418
- Total Assets: $1.2B
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 | 9,418 | $1.2B | $0 | $0 |
| 2023 | 8,379 | $992.1M | $0 | $0 |
| 2020 | 8,263 | $995.4M | $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 |
|---|---|---|---|---|
| COHNREZNICK LLP | Auditor | $2,000 | — | $2,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,000
- Estimated Expense Ratio: 0.000% 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 | $11,668,777 | $2,365,921 | — | $2,000 | — |
| 2023 | $11,698,809 | $1,348,608 | — | — | $1,226,195 |
| 2020 | $1,492,855 | $137,282 | — | — | $1,322,933 |