Plan Snapshot
- Plan Sponsor: Family Health Centers, INC.
- Sponsor EIN: 570524498
- Sponsor Address: 3310 MAGNOLIA STREET, ORANGEBURG, SC, 29115
- Plan Type: 401(k)
- Total Participants: 141
- Total Assets: $10.4M
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 | 141 | $10.4M | $254,339 | $406,429 |
| 2023 | 134 | $9.1M | $257,861 | $472,208 |
| 2022 | 136 | $8.0M | $239,736 | $496,445 |
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 |
|---|---|---|---|---|
| TERRY HORNE, CPA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $26,464 | — | — | — | — |
| 2023 | $49,788 | — | $49,788 | — | — |
| 2022 | $47,207 | $19,925 | $22,081 | — | — |