Plan Snapshot
- Plan Sponsor: Citizens Medical Center, INC.
- Sponsor EIN: 480892178
- Sponsor Address: 100 EAST COLLEGE DRIVE, COLBY, KS, 67701
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 356
- Total Assets: $211,089
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 356 | $211,089 | $2.6M | $1.7M |
| 2023 | 361 | $287,788 | $2.8M | $1.4M |
| 2022 | 343 | $26,253 | $2.8M | $1.0M |
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 |
|---|---|---|---|---|
| BLUECROSS & BLUESHIELD OF SC | Other Service Provider | $137,232 | — | $137,232 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $137,232
- Estimated Expense Ratio: 65.011% 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 | $137,232 | — | $137,232 | — | — |
| 2023 | $133,248 | — | $133,248 | — | — |
| 2022 | $156,863 | — | — | — | $156,863 |