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Original filing (PDF)20250812075203NAL0007968193002
TRUSTEES OF THE PHILADELPHIA ASSOCIATION HEALTH BENEFIT TRUST
Form 5500
FILING_RECEIVED
PHILADELPHIA AREA INDEPENDENT SCHOOL BUSINESS OFFI ASSOCIATION HEALTH BENEFIT PLAN
Health & welfare plan
Signals · 2
~1975 bps in Sched C fees23 service providers
Active participants
20,100
Accounts w/ balance
—
Plan assets (EOY)
$47.4M
Net assets (EOY)
$20.6M
Plan health score (directional)
85
/ 100
Grade A
Top-tier plan health
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
88
Participation health
100
Knocking points off
- 1975 bps in Schedule C fees — 6711% above peer band of 29 bps.
- Highly fragmented vendor stack (23 disclosed providers, 7 categories).
Helping the score
- Concentration not scored — Schedule of Assets PDF not yet parsed for this plan.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for TRUSTEES OF THE PHILADELPHIA ASSOCIATION HEALTH BENEFIT TRUST.
Plan sponsor
Name
TRUSTEES OF THE PHILADELPHIA ASSOCIATION HEALTH BENEFIT TRUST
EIN
46-7526272
Address
301 IVEN AVENUE · WAYNE, PA · 19087
Phone
(484) 580-8844
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2023
Plan year begin
2023-11-01
Tax period
2024-10-31
Filed
2025-08-12
Welfare benefit codes
4A · Health (other than dental or vision)
4D · Dental
4E · Vision
Audit & trust (Schedule H)
Auditor
TAIT, WELLER & BAKER, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
23 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PLANSOURCE BENEFITS ADMINISTRATION | 55-0800751 | ORLANDO, FL | RECORDKEEPER | $601K | — |
Advisor / Consultant
5| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CONNOR, STRONG & BUCKELEW COMPANIES | 21-0718159 | — | CONSULTANT | $1.1M | — |
| TRUVERIS INC | 27-4345686 | — | CONSULTANT | $73K | — |
| BRYN MAWR TRUST | 23-0441580 | — | INVESTMENT ADVISOR | $45K | — |
| INCLUDED HEALTH, INC. | 45-3580052 | — | CONSULTANT | $40K | — |
| MERCER HEALTH & BENEFITS LLC | 13-2834414 | — | CONSULTANT | $28K | — |
Broker
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WILLIS TOWERS WATSON NORTHEAST, INC | 13-2695427 | — | INSURANCE BROKER | $17K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TAIT, WELLER & BAKER LLP | 23-1144520 | PHILADELPHIA, PA | ACCOUNTANT | $20K | — |
Actuary
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MILLIMAN | 91-0675641 | — | ACTUARY | $8K | — |
Legal counsel
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MORGAN, LEWIS & BOCKIUS | 23-0891050 | — | LEGAL SERVICES PROVIDER | $103K | — |
Other
13| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| INDEPENDENCE BLUE CROSS | 22-3218462 | — | CLAIMS PROCESSOR | $5.8M | — |
| DELTA DENTAL OF PENNSYLVANIA | 23-1667011 | MECHANICSBURG, PA | CLAIMS PROCESSOR | $487K | — |
| HIGHMARK BLUE SHIELD | 23-1294723 | — | CLAIMS PROCESSOR | $378K | — |
| HEATHER H. GELTING | 46-7526272 | — | PLAN SPONSOR, EXEC DIR | $243K | — |
| JOAN M. BARONE | 46-7526272 | — | PLAN SPONSOR - CFO | $157K | — |
| ANDREA B. BAGNELL | 46-7526272 | — | PLAN SPONSOR, DIR OF MKTG | $87K | — |
| DONALD KATES | 46-7526272 | — | PLAN SPONSOR - CFO | $37K | — |
| LILA FEHER | 46-7526272 | — | PLAN SPONSOR - MKTG | $25K | — |
| CVS HEALTH | 05-0340626 | ALEXANDRIA, VA | OTHER SERVICES | $13K | — |
| QUAKER PRINTING GROUP | 16-0566181 | — | PARTICIPANT COMMUNICATION | $12K | — |
| MAVEN CLINIC CO. | 46-5747423 | — | CLAIMS PROCESSOR | $10K | — |
| RUEDA COMMUNICATIONS LLC | — | GLENSIDE, PA | PARTICIPANT COMMUNICATION | $9K | — |
| WSFS BANK | — | — | BANK | $6K | — |
Investments
The Schedule of Assets is filed as a free-form PDF attachment on EFAST2; we parse these offline and coverage is partial (priority is the largest plans by EOY assets). This plan also reports no pooled (Schedule D) interests, so its holdings aren’t hidden on a master-trust filing. The line-item data lives on DOL EFAST2 under the same ACK_ID.
See Methodology > Data linkages for how Form 5500 / Schedule H / Schedule D / Schedule of Assets fit together.