Plan Snapshot
- Plan Sponsor: Arkansas Valley Regional Medical Center
- Sponsor EIN: 841465990
- Sponsor Address: 1100 CARSON AVE, LA JUNTA, CO, 810502751
- Plan Type: 401(k)
- Total Participants: 327
- Total Assets: $25.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 327 | $25.4M | $591,428 | $1.2M |
| 2023 | 295 | $24.5M | $527,239 | $1.2M |
| 2022 | 287 | $20.4M | $475,010 | $1.2M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $99,012 | — | $99,012 |
| GLOBAL RETIREMENT PARTNERS, LLC, A | INV ADV, PARTICIPANTS | — | $44,282 | $44,282 |
| STOCKMAN KAST RYAN & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS, LLC, A — INV ADV, PARTICIPANTS
- STOCKMAN KAST RYAN & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $143,294
- Estimated Expense Ratio: 0.565% 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 | $99,013 | — | $99,013 | — | — |
| 2023 | $92,319 | — | $92,319 | — | — |
| 2022 | $87,401 | — | $87,401 | — | — |