Plan Snapshot
- Plan Sponsor: Carter Healthcare,LLC
- Sponsor EIN: 731443438
- Sponsor Address: 7725 W. RENO AVE, OKLAHOMA CITY, OK, 73127
- Plan Type: 401(k)
- Total Participants: 169
- Total Assets: $10.9M
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 | 169 | $10.9M | $0 | $363,744 |
| 2023 | 239 | $11.6M | $788 | $468,202 |
| 2022 | 256 | $11.1M | $213 | $707,700 |
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 |
|---|---|---|---|---|
| SCP RETIREMENT SERVICES LLC | Recordkeeper | $20,708 | $5,730 | $26,438 |
| MORNINGSTAR INVESTMENT MANAGEMENT | Other Service Provider | $9,112 | — | $9,112 |
| VOYA RETIREMENT ADVISORS | Other Service Provider | $8,185 | — | $8,185 |
| VOYA RETIREMENT INSURANCE AND ANNUI | Other Service Provider | $6,723 | $2 | $6,725 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,460
- Estimated Expense Ratio: 0.462% 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 | $83,069 | $9,113 | $27,431 | $46,525 | — |
| 2023 | $56,931 | $4,179 | $19,502 | $33,250 | — |
| 2022 | $33,958 | $4,791 | $29,167 | — | — |