Plan Snapshot
- Plan Sponsor: Bath County Community Hospital, INC.
- Sponsor EIN: 540505913
- Sponsor Address: 106 PARK DRIVE, HOT SPRINGS, VA, 244450750
- Plan Type: 403(b)
- Total Participants: 232
- Total Assets: $14.4M
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 | 232 | $14.4M | $505,142 | $1.1M |
| 2023 | 215 | $12.4M | $465,725 | $935,005 |
| 2022 | 204 | $10.6M | $436,772 | $874,007 |
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 | Recordkeeper | $46,346 | — | $46,346 |
| PRINCIPAL SECURITIES | Investment Advisor | — | $12,712 | $12,712 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,058
- Estimated Expense Ratio: 0.409% 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 | $46,347 | — | $46,347 | — | — |
| 2023 | $40,681 | — | $40,681 | — | — |
| 2022 | $37,868 | — | $37,868 | — | — |