Plan Snapshot
- Plan Sponsor: Covenant Healthcare, LLC
- Sponsor EIN: 621661592
- Sponsor Address: 1405 TRUAX BOULEVARD, EAU CLAIRE, WI, 547031474
- Plan Type: 401(k)
- Total Participants: 1,227
- Total Assets: $12.9M
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. |
|---|---|---|---|---|
| 2024 | 1,227 | $12.9M | $273,674 | $852,017 |
| 2023 | 564 | $11.1M | $264,245 | $795,985 |
| 2022 | 501 | $9.5M | $232,671 | $651,306 |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $30,604 | — | $30,604 |
| 401K INVESTMENT PROF. | NONE | $29,532 | — | $29,532 |
| WIPFLI LLP | NONE | $6,500 | — | $6,500 |
| WIPFLI | Auditor | $6,500 | — | $6,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- WIPFLI LLP — NONE
- WIPFLI — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,136
- Estimated Expense Ratio: 0.566% 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 | $64,798 | $29,532 | $27,169 | $6,500 | — |
| 2023 | $45,055 | $18,583 | $26,472 | — | — |
| 2022 | $66,862 | $22,337 | $27,925 | — | $16,600 |