Plan Snapshot
- Plan Sponsor: Cypress Healthcare Partners, LLC
- Sponsor EIN: 770437373
- Sponsor Address: 100 WLISON ROAD, MONTEREY, CA, 939407885
- Plan Type: 401(k)
- Total Participants: 1,087
- Total Assets: $23.7M
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 | 1,087 | $23.7M | $409,360 | $2.3M |
| 2023 | 750 | $19.3M | $322,433 | $1.9M |
| 2022 | 772 | $15.3M | $247,410 | $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 |
|---|---|---|---|---|
| PLANCHEC(K) CPA'S | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANCHEC(K) CPA'S — Auditor
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 | $174,688 | — | — | — | — |
| 2023 | $141,320 | — | $141,320 | — | — |
| 2022 | $154,596 | $154,596 | — | — | — |