Plan Snapshot
- Plan Sponsor: University Orthopedics Center, Ltd.
- Sponsor EIN: 251655314
- Sponsor Address: 101 REGENT COURT, STATE COLLEGE, PA, 168017965
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 140
- Total Assets: $75,100
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 | 140 | $75,100 | $1.2M | $482,489 |
| 2023 | 145 | $316,316 | $1.4M | $259,440 |
| 2022 | 137 | $309,473 | $1.1M | $221,116 |
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 |
|---|---|---|---|---|
| UNIMERICA INSURANCE COMPANY | Other Service Provider | $498,754 | — | $498,754 |
| LUMINARE HEALTH BENEFITS, INC. | Other Service Provider | $101,809 | — | $101,809 |
| THE BENECON GROUP, INC | Other Service Provider | $37,381 | — | $37,381 |
| L.R. WEBBER ASSOCIATES | Other Service Provider | $34,920 | — | $34,920 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $672,864
- Estimated Expense Ratio: 895.957% 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 | $673,234 | $37,381 | $137,099 | — | — |
| 2023 | $172,310 | — | $172,310 | — | — |
| 2022 | $172,759 | — | $172,759 | — | — |