Plan Snapshot
- Plan Sponsor: Fairfield Memorial Hospital Association
- Sponsor EIN: 370661202
- Sponsor Address: 303 NW 11TH ST., FAIRFIELD, IL, 62837
- Plan Type: 403(b)
- Total Participants: 422
- Total Assets: $12.2M
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 | 422 | $12.2M | $188,520 | $770,520 |
| 2023 | 416 | $11.3M | $175,629 | $830,659 |
| 2022 | 421 | $9.8M | $170,255 | $657,110 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | Other Service Provider | $1,308 | $36,894 | $38,202 |
| GALLAGHER BENEFIT SVCS INC | Investment Advisor | — | $13,936 | $13,936 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER BENEFIT SVCS INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,138
- Estimated Expense Ratio: 0.428% 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 | $1,308 | — | $1,308 | — | — |
| 2023 | $362 | — | $362 | — | — |
| 2022 | $12 | — | $12 | — | — |