Plan Snapshot
- Plan Sponsor: Foundation For Health Care Continuums
- Sponsor EIN: 621611446
- Sponsor Address: 520 1ST STREET NE, SARTELL, MN, 56377
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 640
- Total Assets: $16.1M
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. |
|---|---|---|---|---|
| 2025 | 640 | $16.1M | $0 | $0 |
| 2024 | 544 | $14.4M | $485,783 | $909,381 |
| 2023 | 517 | $13.9M | $892,030 | $843,344 |
| 2022 | 495 | $11.3M | $443,012 | $765,788 |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | 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 |
|---|---|---|---|---|---|
| 2025 | $1,790,190 | — | — | — | — |
| 2024 | $8,969 | — | — | — | — |
| 2023 | $6,291 | — | — | — | — |
| 2022 | $9,424 | — | $9,424 | — | — |