Back to filter
Original filing (PDF)20251015090335NAL0004400049001
LEHIGH VALLEY ASSOCIATION OF INDEPENDENT COLLEGES
Form 5500
FILING_RECEIVED
LVAIC GROUP HEALTH PLAN
Health & welfare plan
Signals · 4
58% in single holding~1466 bps in Sched C feesNo recordkeeper disclosed6 service providers
Active participants
1,295
Accounts w/ balance
—
Plan assets (EOY)
$4.6M
Net assets (EOY)
$1.4M
How this plan invests
This plan
7 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Money Market Fund * Truist Bank Federated Hermes Treasury Obligation Money Market" is 58% of plan.
- 1466 bps in Schedule C fees — 2720% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for LEHIGH VALLEY ASSOCIATION OF INDEPENDENT COLLEGES.
Plan sponsor
Name
LEHIGH VALLEY ASSOCIATION OF INDEPENDENT COLLEGES
EIN
23-7077479
Address
116 RESEARCH DRIVE · BETHLEHEM, PA · 18015
Phone
(610) 625-7888
Industry
Educational Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Welfare benefit codes
4A · Health (other than dental or vision)
4D · Dental
4E · Vision
Audit & trust (Schedule H)
Auditor
BAKER TILLY US, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
6 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| USI INSURANCE SERVICES | — | MECHANICSBURG, PA | CONSULTANT | $175K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CAPITAL ADVANTAGE ASSURANCE COMPANY | 45-5492167 | — | CONTRACT ADMINISTRATOR | $380K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BAKER TILLY US, LLP | 30-1413443 | MADISON, WI | AUDITOR | $24K | — |
Other
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MAGELLAN RX MANAGEMENT, LLC | 46-3708039 | — | PHARMACY BENEFIT MANAGEME | $68K | — |
| RXBENEFITS | 63-1157085 | — | NONE | $17K | — |
| TRAVELS INSURANCE | — | NEW YORK, NY | NONE | $16K | — |
Investments
7 direct securities· $6.1M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Money Market Fund * Truist Bank Federated Hermes Treasury Obligation Money Market | — | — | $3.5M | $3.5M | 76.0% | |
| - (i) (Loss) Net Gain $ (h) | — | — | — | $631K | 13.6% | |
| $ (g) | — | — | — | $631K | 13.6% | |
| LeaseRental $ - (d) | — | — | — | $631K | 13.6% | |
| $ - 13 (c) | — | — | — | $631K | 13.6% | |
| Travelers Casualty and Surety Company of America 14b Are the fiduciaries of each of the plans whose participants are receiving benefits from the entity covered by a fiduciary liability policy? Yes 15 Are all assets in the possession of the MEWA or ECE maintained consistent with section 403 of ERISA and 29 CFR 2550.403a-1 and 2550.403b-1? | — | — | $3K | $3K | <0.1% | |
| 08271015 144198 1048281‐501 | — | — | — | $2K | <0.1% |