# El Centro Family Health 401(k) Plan
Source: https://planprovider.pro/companies/el-centro-family-health-850244588-001

> El Centro Family Health's 401(k) plan: 216 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/charles-schwab-and-co-inc) — 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|—|—|—|

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