Plan Snapshot
- Plan Sponsor: Fairfax Medical Facilities INC.
- Sponsor EIN: 830410970
- Sponsor Address: 212 NORTH MAIN STREET, FAIRFAX, OK, 74637
- Plan Type: 403(b)
- Total Participants: 78
- Total Assets: $2.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 78 | $2.7M | $131,414 | $248,691 |
| 2023 | 79 | $2.9M | $134,444 | $268,922 |
| 2022 | 123 | $2.4M | $87,316 | $234,549 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSRNCE CO OF AMER | Recordkeeper | $16,390 | — | $16,390 |
| EDWARD D JONES & CO LP | Investment Advisor | $11,647 | — | $11,647 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,037
- Estimated Expense Ratio: 1.038% 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 | $18,961 | $2,571 | $16,390 | — | — |
| 2023 | $3,896 | $660 | — | — | — |
| 2022 | — | — | — | — | — |