Plan Snapshot
- Plan Sponsor: Centra Health, INC.
- Sponsor EIN: 540715569
- Sponsor Address: 1920 ATHERHOLT ROAD, LYNCHBURG, VA, 24501
- Plan Type: 403(b)
- Total Participants: 7,475
- Total Assets: $747.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 7,475 | $747.1M | $28.5M | $34.3M |
| 2023 | 7,362 | $670.0M | $20.1M | $29.3M |
| 2022 | 7,137 | $594.8M | $20.3M | $27.8M |
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 |
|---|---|---|---|---|
| FID INV INST OPS CO | RECORDKEEPER | $342,032 | — | $342,032 |
| CAPFINANCIAL PARTNERS, LLC. | ADVISOR | $55,954 | — | $55,954 |
| STRATEGIC ADVISORS, INC. | INV. ADVISORY | $43,365 | — | $43,365 |
| BDO USA, P.C. | AUDITOR | $32,990 | — | $32,990 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — INV. ADVISORY
- BDO USA, P.C. — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $474,341
- Estimated Expense Ratio: 0.063% 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 | $475,606 | $43,365 | $2,813 | $32,990 | — |
| 2023 | $691,831 | $54,872 | — | $37,180 | — |
| 2022 | $619,880 | $53,214 | — | — | $37,806 |