Plan Snapshot
- Plan Sponsor: Christian Healthcare Ministries, INC.
- Sponsor EIN: 341964742
- Sponsor Address: 127 HAZELWOOD AVENUE, BARBERTON, OH, 44203
- Plan Type: DC
- Total Participants: 405
- Total Assets: $13.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 405 | $13.3M | $1.0M | $1.4M |
| 2023 | 374 | $10.7M | $922,851 | $1.2M |
| 2022 | 332 | $7.7M | $718,728 | $954,730 |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $30,737 | — | $30,737 |
| FIFTH THIRD BANK | INVESTMENT ADVISOR | $16,114 | — | $16,114 |
| CLIFTON LARSON ALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTON LARSON ALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,851
- Estimated Expense Ratio: 0.351% 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 | $46,851 | $46,851 | — | — | — |
| 2023 | $39,066 | $37,391 | — | — | — |
| 2022 | $26,113 | $6,961 | $19,152 | — | — |