Plan Snapshot
- Plan Sponsor: Cummins Behavioral Health Systems, INC.
- Sponsor EIN: 351328806
- Sponsor Address: 5101 EAST US HIGHWAY 36, AVON, IN, 46123
- Plan Type: 401(k)
- Total Participants: 396
- Total Assets: $16.3M
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. |
|---|---|---|---|---|
| 2024 | 396 | $16.3M | $543,947 | $782,172 |
| 2023 | 436 | $14.0M | $535,544 | $806,973 |
| 2022 | 410 | $12.2M | $500,274 | $770,285 |
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 |
|---|---|---|---|---|
| CUMMINS BEHAVIORAL HEALTH SYSTEMS I | Other Service Provider | $11,500 | — | $11,500 |
| ASCENSUS HOLDINGS INC DBA FUTUREPLA | Other Service Provider | $6,649 | — | $6,649 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,149
- Estimated Expense Ratio: 0.111% 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 | $19,604 | — | $6,649 | — | — |
| 2023 | $5,279 | — | $5,279 | — | — |
| 2022 | $5,435 | — | $5,435 | — | — |