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Original filing (PDF)20251020160444NAL0000921459001
GOVERNING COMMITTEE
Form 5500
FILING_RECEIVED
THE SMART-TD HEALTH & WELFARE PLAN
Health & welfare plan
Signals · 4
99% in single holding~1185 bps in Sched C feesNo recordkeeper disclosed16 service providers
Active participants
35,497
Accounts w/ balance
—
Plan assets (EOY)
$321.0M
Net assets (EOY)
$226.0M
How this plan invests
This plan
2 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 "Cash and Cash Equivalents * Truist Bank Money Market Fund Account 70-04-102-7036735 Federated Hermes Trsy Oblig Mmkt Instl #68" is 99% of plan.
- 1185 bps in Schedule C fees — 11749% above peer band of 10 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for GOVERNING COMMITTEE.
Plan sponsor
Name
GOVERNING COMMITTEE
EIN
80-0616629
Address
251 - 18TH STREET, SOUTH, SUITE 750 · ARLINGTON, VA · 22202
Phone
(571) 336-7600
Industry
Transportation & Warehousingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
510
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-20
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4Q · Other
Audit & trust (Schedule H)
Auditor
WITHUMSMITH+BROWN, PC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
16 rowsOther
16| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| UNITEDHEALTHCARE | 36-2739571 | — | NONE | $23.5M | — |
| HIGHMARK | 56-2526063 | — | NONE | $6.8M | — |
| AETNA US HEALTHCARE | 06-6033492 | — | NONE | $3.4M | — |
| EXPRESS SCRIPTS, INC. | 22-3461740 | — | NONE | $1.9M | — |
| WITHUMSMITH+BROWN, P.C. | 22-2027092 | — | NONE | $635K | — |
| TELADOC HEALTH, INC | 04-3705970 | — | NONE | $599K | — |
| TRUIST BANK | 56-1074313 | — | NONE | $335K | — |
| HEALTH ADVOCATE SOLUTIONS, INC. | 23-3080019 | — | NONE | $330K | — |
| CLOVER PRINTING | 87-3759314 | — | NONE | $139K | — |
| LANTERN SPECIALTY | 45-3780484 | — | NONE | $106K | — |
| SEGAL COMPANY | 13-1835864 | — | NONE | $88K | — |
| WILLIS TOWERS WATSON US, LLC | 53-0181291 | — | NONE | $65K | — |
| MCMC, LLC | 14-1847542 | — | NONE | $51K | — |
| EVOLENT HEALTH LLC | 45-3084136 | — | NONE | $25K | — |
| REED SMITH, LLP | 25-0749630 | — | NONE | $20K | — |
| REMEDY ANALYTICS, INC. | 45-3151617 | — | NONE | $13K | — |
Investments
2 direct securities· $228.1M(71% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents * Truist Bank Money Market Fund Account 70-04-102-7036735 Federated Hermes Trsy Oblig Mmkt Instl #68 | — | — | $226.9M | $226.9M | 70.7% | |
| Insurance Contract * Metropolitan Life Insurance Co. Funding Agreement, 6 month Account 143324-T-4 Treasury Bill + 0.25% | — | — | $1.2M | $1.2M | 0.4% |