Plan Snapshot
- Plan Sponsor: Blue Ridge Community Health Services INC.
- Sponsor EIN: 560794933
- Sponsor Address: 220 5TH AVENUE E., HENDERSONVILLE, NC, 28792
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 696
- Total Assets: $16.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 696 | $16.7M | $762,041 | $2.0M |
| 2023 | 645 | $13.0M | $658,975 | $1.7M |
| 2022 | 587 | $9.8M | $603,281 | $1.5M |
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 | $67,698 | — | $67,698 |
| COLTON GROOME FINANCIAL ADVISORS | Investment Advisor | $48,449 | — | $48,449 |
| NOVA 401(K) ASSOCIATES | Recordkeeper | $10,725 | $12,811 | $23,536 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $11,099 | — | $11,099 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COLTON GROOME FINANCIAL ADVISORS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $150,782
- Estimated Expense Ratio: 0.905% 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 | $118,224 | $118,224 | — | — | — |
| 2023 | $102,271 | $102,271 | — | — | — |
| 2022 | $85,706 | — | $85,706 | — | — |