Plan Snapshot
- Plan Sponsor: Echo Health, INC.
- Sponsor EIN: 341858379
- Sponsor Address: 810 SHARON DRIVE, WESTLAKE, OH, 44145
- Plan Type: 401(k)
- Total Participants: 190
- Total Assets: $18.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 190 | $18.9M | $1.1M | $1.8M |
| 2023 | 172 | $14.5M | $900,385 | $1.5M |
| 2022 | 147 | $10.5M | $738,943 | $1.2M |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | Other Service Provider | $5,940 | — | $5,940 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,940
- Estimated Expense Ratio: 0.031% 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 | $5,940 | — | $5,940 | — | — |
| 2023 | $4,860 | — | $4,860 | — | — |
| 2022 | $3,860 | — | $3,860 | — | — |