Plan Snapshot
- Plan Sponsor: Ferrell Hospital
- Sponsor EIN: 201244058
- Sponsor Address: 1201 PINE ST., ELDORADO, IL, 62930
- Plan Type: 401(k)
- Total Participants: 311
- Total Assets: $11.2M
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 | 311 | $11.2M | $324,812 | $1.1M |
| 2023 | 312 | $9.0M | $260,213 | $894,798 |
| 2022 | 276 | $6.9M | $225,664 | $777,928 |
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 | $3,748 | $44,117 | $47,865 |
| EDWARD D JONES | Investment Advisor | — | $25,277 | $25,277 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,142
- Estimated Expense Ratio: 0.652% 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 | $3,698 | — | — | — | — |
| 2023 | $3,085 | — | — | — | — |
| 2022 | $2,337 | — | — | — | — |