Plan Snapshot
- Plan Sponsor: Clinchoice INC.
- Sponsor EIN: 471097028
- Sponsor Address: 300 WELSH ROAD, HORSHAM, PA, 19044
- Plan Type: 401(k)
- Total Participants: 226
- Total Assets: $29.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 226 | $29.0M | $769,379 | $3.0M |
| 2023 | 243 | $24.3M | $756,213 | $3.0M |
| 2022 | 253 | $17.8M | $731,350 | $2.6M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANY | RECORD KEEPER | $119,147 | — | $119,147 |
| FISCHER CUNNANE & ASSOCIATES, LTD. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORD KEEPER
- FISCHER CUNNANE & ASSOCIATES, LTD. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,147
- Estimated Expense Ratio: 0.411% 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 | $121,397 | — | $121,397 | — | — |
| 2023 | $97,231 | — | $97,231 | — | — |
| 2022 | $82,817 | — | — | — | $82,817 |