Plan Snapshot
- Plan Sponsor: El Centro Family Health
- Sponsor EIN: 850244588
- Sponsor Address: 538 N. PASEO DE ONATE, ESPANOLA, NM, 87532
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 216
- Total Assets: $17.0M
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 | 216 | $17.0M | $551,232 | $1.3M |
| 2023 | 226 | $15.6M | $565,390 | $1.2M |
| 2022 | 244 | $14.8M | $581,942 | $1.1M |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Recordkeeper | $127,957 | — | $127,957 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $127,957
- Estimated Expense Ratio: 0.754% 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 | $19,754 | $11,155 | $8,599 | — | — |
| 2023 | $27,952 | $20,200 | $7,752 | — | — |
| 2022 | $25,728 | $25,728 | — | — | — |