Plan Snapshot
- Plan Sponsor: Byron Health Center
- Sponsor EIN: 351826036
- Sponsor Address: 1661 BEACON ST., FORT WAYNE, IN, 46805
- Plan Type: 401(k)
- Total Participants: 114
- Total Assets: $3.3M
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 | 114 | $3.3M | $111,934 | $253,013 |
| 2023 | 180 | $3.0M | $104,720 | $260,978 |
| 2022 | 267 | $2.4M | $101,124 | $249,469 |
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 |
|---|---|---|---|---|
| EPIC RETIREMENT PLAN SERVICES | NONE | $15,375 | — | $15,375 |
| PHILLIPS FINANCIAL MANAGEMENT, LLC | NONE | $9,217 | — | $9,217 |
| RIVERSEDGE ADV RET SOLUTIONS, LLC | NONE | $5,104 | — | $5,104 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EPIC RETIREMENT PLAN SERVICES — NONE
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,696
- Estimated Expense Ratio: 0.893% 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 | $29,696 | $12,078 | — | — | — |
| 2023 | $23,735 | — | — | — | — |
| 2022 | $23,396 | — | — | — | $23,396 |