Plan Snapshot
- Plan Sponsor: Bethany Lutheran Homes, INC.
- Sponsor EIN: 390909446
- Sponsor Address: 2575 S. 7TH STREET, LA CROSSE, WI, 54601
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 539
- Total Assets: $12.0M
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. |
|---|---|---|---|---|
| 2025 | 539 | $12.0M | $0 | $0 |
| 2024 | 492 | $11.2M | $227,823 | $556,682 |
| 2023 | 452 | $10.4M | $253,939 | $571,967 |
| 2022 | 433 | $9.3M | $240,753 | $600,559 |
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 |
|---|---|---|---|---|
| NFP RETIREMENT, INC. | Other Service Provider | $32,264 | — | $32,264 |
| THE VANGUARD GROUP, INC. | Other Service Provider | $14,150 | — | $14,150 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,414
- 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 |
|---|---|---|---|---|---|
| 2025 | $1,893,269 | $31,634 | $2,145 | — | — |
| 2024 | $49,447 | $30,537 | $5,795 | — | — |
| 2023 | $45,973 | $28,726 | $3,150 | — | — |
| 2022 | $49,889 | $30,384 | $17,795 | — | $1,710 |