Plan Snapshot
- Plan Sponsor: Eastern Shore Rural Health System, INC.
- Sponsor EIN: 510196935
- Sponsor Address: 20280 MARKET STREET, ONANCOCK, VA, 23417
- Plan Type: 401(k)
- Total Participants: 344
- Total Assets: $20.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 344 | $20.8M | $537,659 | $1.7M |
| 2023 | 349 | $19.3M | $513,048 | $1.6M |
| 2022 | 314 | $16.6M | $488,390 | $1.4M |
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 |
|---|---|---|---|---|
| DAVENPORT & COMPANY LLC | INVESTMENT ADVISOR | $48,575 | — | $48,575 |
| PBMARES, LLP | TPA | $5,100 | $10,047 | $15,147 |
| BROWN, EDWARDS & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PBMARES, LLP — TPA
- BROWN, EDWARDS & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,722
- Estimated Expense Ratio: 0.306% 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 | $56,995 | $48,575 | $5,100 | — | — |
| 2023 | $49,448 | $42,158 | $4,590 | — | — |
| 2022 | $53,234 | $45,123 | $8,111 | — | — |