Plan Snapshot
- Plan Sponsor: Advanced Healthcare Management, INC.
- Sponsor EIN: 200284424
- Sponsor Address: 800 4TH STREET SOUTHWEST, MAGEE, MS, 39111
- Plan Type: 401(k)
- Total Participants: 466
- Total Assets: $5.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 466 | $5.0M | $190,816 | $471,391 |
| 2023 | 455 | $4.2M | $176,602 | $447,628 |
| 2022 | 299 | $3.7M | $149,026 | $324,233 |
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 |
|---|---|---|---|---|
| ELEMENT WEALTH, LLC | Investment Advisor | $16,777 | $7 | $16,784 |
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $14,795 | — | $14,795 |
| ECONOMIC GROUP PENSION SERVICES | Recordkeeper | $7,495 | $1,125 | $8,620 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELEMENT WEALTH, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,199
- Estimated Expense Ratio: 0.811% 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 | $39,369 | $16,780 | $22,589 | — | — |
| 2023 | $48,150 | — | $48,150 | — | — |
| 2022 | $48,964 | $17,805 | $31,159 | — | — |