Plan Snapshot
- Plan Sponsor: Eastern Iowa Health Center
- Sponsor EIN: 202405575
- Sponsor Address: 1030 5TH AVE SE STE 2400, CEDAR RAPIDS, IA, 524032478
- Plan Type: 401(k)
- Total Participants: 122
- Total Assets: $7.3M
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 | 122 | $7.3M | $360,781 | $702,687 |
| 2023 | 103 | $5.5M | $298,555 | $570,563 |
| 2022 | 103 | $5.1M | $280,845 | $515,962 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $24,024 | — | $24,024 |
| PRINCIPAL SECURITIES INC | OTHER SERVICES | — | $8,498 | $8,498 |
| UHY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UHY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,522
- Estimated Expense Ratio: 0.443% 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 | $24,024 | — | $24,024 | — | — |
| 2023 | $18,928 | — | $18,928 | — | — |
| 2022 | $18,999 | $529 | $18,470 | — | — |