Plan Snapshot
- Plan Sponsor: Arkansas Methodist Hospital
- Sponsor EIN: 710230218
- Sponsor Address: 900 W KINGSHIGHWAY, PARAGOULD, AR, 72450
- Plan Type: 401(k)
- Total Participants: 537
- Total Assets: $22.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 537 | $22.9M | $585,751 | $1.8M |
| 2023 | 472 | $24.7M | $515,516 | $1.7M |
| 2022 | 576 | $23.2M | $638,673 | $1.7M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $45,286 | — | $45,286 |
| PRIME CAPITAL INVESTMENT ADVISORS | Investment Advisor | $43,016 | — | $43,016 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,302
- Estimated Expense Ratio: 0.386% 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 | $88,302 | $43,016 | — | — | — |
| 2023 | $93,570 | $42,243 | — | — | — |
| 2022 | $99,510 | — | — | — | — |