Plan Snapshot
- Plan Sponsor: Cls Health PLLC
- Sponsor EIN: 202798379
- Sponsor Address: 500 N. KOBAYASHI RD, SUITE A, WEBSTER, TX, 77598
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 618
- Total Assets: $14.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 618 | $14.3M | $0 | $0 |
| 2024 | 246 | $10.0M | $483,815 | $857,706 |
| 2023 | 199 | $7.9M | $286,764 | $712,233 |
| 2022 | 130 | $6.0M | $276,712 | $533,330 |
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 |
|---|---|---|---|---|
| NOVA 401(K) ASSOCIATES | Other Service Provider | $3,000 | $5,393 | $8,393 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,393
- Estimated Expense Ratio: 0.059% 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 |
|---|---|---|---|---|---|
| 2025 | $390,534 | — | — | — | — |
| 2024 | $4,417 | — | — | — | — |
| 2023 | $438,980 | — | — | — | — |
| 2022 | $4,582 | — | $4,582 | — | — |