Plan Snapshot
- Plan Sponsor: Mvhs INC.
- Sponsor EIN: 161576637
- Sponsor Address: 111 HOSPITAL DRIVE, UTICA, NY, 13502
- Plan Type: 401(k)
- Total Participants: 3,780
- Total Assets: $333.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 3,780 | $333.1M | $9.2M | $15.0M |
| 2023 | 3,823 | $204.2M | $4.8M | $8.7M |
| 2022 | 2,542 | $173.0M | $3.9M | $6.7M |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $439,644 | — | $439,644 |
| HANYS BENEFIT SERVICES | SERVICE PROVIDER | $149,258 | — | $149,258 |
| FUSTCHARLES LLP | AUDITOR | $20,355 | — | $20,355 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- HANYS BENEFIT SERVICES — SERVICE PROVIDER
- FUSTCHARLES LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $609,257
- Estimated Expense Ratio: 0.183% 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 | $609,257 | $149,258 | $439,644 | $20,355 | — |
| 2023 | $415,733 | $91,626 | $324,107 | — | — |
| 2022 | $536,973 | $98,468 | $434,715 | — | $3,790 |