Plan Snapshot
- Plan Sponsor: Canton Regional Chamber Health Fund
- Sponsor EIN: 826483792
- Sponsor Address: 222 MARKET AVE. NORTH, CANTON, OH, 44702
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 4,773
- Total Assets: $12.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,773 | $12.6M | $50.0M | $0 |
| 2023 | 4,010 | $12.5M | $42.1M | $0 |
| 2022 | 3,775 | $10.7M | $38.1M | $0 |
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 |
|---|---|---|---|---|
| AULTCARE CORPORATION | Other Service Provider | $4,843,752 | — | $4,843,752 |
| MALONEY & NOVOTNY LLC | Auditor | $75,822 | — | $75,822 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MALONEY & NOVOTNY LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,919,574
- Estimated Expense Ratio: 39.084% 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 | $4,928,193 | — | $4,843,752 | $75,822 | — |
| 2023 | $4,407,197 | — | $4,195,684 | $68,700 | — |
| 2022 | $4,236,627 | — | $4,159,533 | — | $44,500 |