Plan Snapshot
- Plan Sponsor: Covenant Health & Community Services, INC
- Sponsor EIN: 465132177
- Sponsor Address: 5101 N. 12TH AVENUE,, PENSACOLA, FL, 32504
- Plan Type: DC
- Total Participants: 202
- Total Assets: $10.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 202 | $10.1M | $2,376 | $797,536 |
| 2023 | 487 | $12.8M | $186,877 | $1.4M |
| 2022 | 600 | $11.9M | $0 | $1.6M |
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 |
|---|---|---|---|---|
| FRAZIER AND DEETER, LLC | 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 | $60,115 | $13,151 | $46,964 | — | — |
| 2023 | $72,984 | $13,858 | $59,126 | — | — |
| 2022 | $65,373 | $15,546 | $49,827 | — | — |