Plan Snapshot
- Plan Sponsor: Armstrong County Memorial Hospital
- Sponsor EIN: 250965237
- Sponsor Address: 1 NOLTE DRIVE, KITTANNING, PA, 16201
- Plan Type: 403(b)
- Total Participants: 945
- Total Assets: $76.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 945 | $76.1M | $1.4M | $4.0M |
| 2023 | 1,023 | $67.1M | $1.4M | $3.2M |
| 2022 | 986 | $60.5M | $1.4M | $3.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $94,134 | — | $94,134 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,134
- Estimated Expense Ratio: 0.124% 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 | $98,162 | $4,028 | — | — | — |
| 2023 | $94,004 | $2,987 | — | — | — |
| 2022 | $101,205 | $89,359 | — | — | — |