Plan Snapshot
- Plan Sponsor: Big Bend Hospice, INC.
- Sponsor EIN: 592328806
- Sponsor Address: 1723 MAHAN CENTER BLVD., TALLAHASSEE, FL, 323085428
- Plan Type: 401(k)
- Total Participants: 228
- Total Assets: $11.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 228 | $11.6M | $393,000 | $923,097 |
| 2023 | 352 | $10.8M | $462,347 | $946,935 |
| 2022 | 265 | $8.7M | $414,880 | $839,638 |
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 |
|---|---|---|---|---|
| INDEPENDENT ADVISOR ALLIANCE | Investment Advisor | $28,667 | — | $28,667 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $18,477 | — | $18,477 |
| RETIREMENT SOLUTIONS SPECIALISTS | Recordkeeper | $6,843 | $5,478 | $12,321 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,465
- Estimated Expense Ratio: 0.514% 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 | $58,580 | $34,325 | $5,778 | — | — |
| 2023 | $59,806 | $37,234 | $7,220 | — | — |
| 2022 | $54,955 | $44,543 | $8,378 | — | $2,034 |