Plan Snapshot
- Plan Sponsor: Central Valley Medical Center
- Sponsor EIN: 870419324
- Sponsor Address: 48W 1500 N, NEPHI, UT, 846488900
- Plan Type: 403(b)
- Total Participants: 400
- Total Assets: $20.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 400 | $20.3M | $869,972 | $946,344 |
| 2023 | 388 | $17.3M | $106,981 | $713,708 |
| 2022 | 354 | $14.7M | $841,003 | $740,436 |
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 |
|---|---|---|---|---|
| SOLTIS INVESTMENT ADV | INV ADV, PARTICIPANTS | $20,639 | $71,758 | $92,397 |
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $79,750 | — | $79,750 |
| JONES SIMKINS LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SOLTIS INVESTMENT ADV — INV ADV, PARTICIPANTS
- JONES SIMKINS LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $172,147
- Estimated Expense Ratio: 0.849% 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 | $100,389 | — | $100,389 | — | — |
| 2023 | $111,806 | — | $111,806 | — | — |
| 2022 | $116,989 | $82,182 | $34,807 | — | — |