Plan Snapshot
- Plan Sponsor: Employer Direct Healthcare LLC
- Sponsor EIN: 453780484
- Sponsor Address: 2100 ROSS AVENUE, DALLAS, TX, 75201
- Plan Type: 401(k)
- Total Participants: 338
- Total Assets: $10.6M
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 | 338 | $10.6M | $1.2M | $1.8M |
| 2023 | 212 | $5.9M | $781,543 | $1.1M |
| 2022 | 192 | $3.6M | $724,620 | $1.0M |
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 |
|---|---|---|---|---|
| GALLAGHER BENEFIT SERVICES | CONSULTANT | $28,486 | — | $28,486 |
| ADP, INC. | RECORD KEEPER | $7,433 | — | $7,433 |
| ARMANINO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER BENEFIT SERVICES — CONSULTANT
- ADP, INC. — RECORD KEEPER
- ARMANINO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,919
- Estimated Expense Ratio: 0.339% 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 | $35,919 | $28,486 | — | — | — |
| 2023 | $25,716 | $21,649 | — | — | — |
| 2022 | $19,658 | — | — | — | — |