Plan Snapshot
- Plan Sponsor: Articularis Healthcare Group, INC.
- Sponsor EIN: 571099718
- Sponsor Address: 2015 2ND AVENUE, SUITE 204, SUMMERVILLE, SC, 29486
- Plan Type: 401(k)
- Total Participants: 162
- Total Assets: $18.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 162 | $18.6M | $1.3M | $1.1M |
| 2023 | 225 | $27.0M | $1.7M | $1.3M |
| 2022 | 221 | $21.5M | $1.6M | $1.3M |
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 | $38,676 | — | $38,676 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $27,649 | — | $27,649 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $17,602 | — | $17,602 |
| ASCENSUS HOLDINGS INC DBA FUTUREPLA | Other Service Provider | $13,600 | — | $13,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,527
- Estimated Expense Ratio: 0.524% 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 | $95,027 | $45,251 | $13,600 | — | — |
| 2023 | $81,228 | $40,292 | $9,925 | — | — |
| 2022 | $77,400 | — | $2,900 | — | — |