Plan Snapshot
- Plan Sponsor: Edu Healthcare LLC
- Sponsor EIN: 260763414
- Sponsor Address: 18820 STATESVILLE RD, CORNELIUS, NC, 28031
- Plan Type: 401(k)
- Total Participants: 153
- Total Assets: $3.0M
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 | 153 | $3.0M | $225,330 | $380,556 |
| 2023 | 158 | $2.4M | $195,156 | $313,038 |
| 2022 | 140 | $1.6M | $136,394 | $233,697 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $19,203 | — | $19,203 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,203
- Estimated Expense Ratio: 0.638% 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 | $19,204 | — | $6,841 | — | — |
| 2023 | $14,870 | $8,541 | — | — | — |
| 2022 | $9,388 | — | — | — | — |