Plan Snapshot
- Plan Sponsor: Cherokee Health Systems, INC.
- Sponsor EIN: 620637925
- Sponsor Address: 6350 W ANDREW JOHNSON HWY, TALBOTT, TN, 37877
- Plan Type: 403(b)
- Total Participants: 592
- Total Assets: $57.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 592 | $57.7M | $1.5M | $2.1M |
| 2023 | 618 | $54.5M | $1.1M | $2.1M |
| 2022 | 608 | $47.7M | $1.5M | $1.9M |
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 |
|---|---|---|---|---|
| PYA, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $33,267 | — | — | — | — |
| 2023 | $23,475 | — | $23,475 | — | — |
| 2022 | $38,497 | — | $38,002 | — | — |