Plan Snapshot
- Plan Sponsor: Freeman Regional Health Services
- Sponsor EIN: 460232450
- Sponsor Address: 510 E 8TH ST, FREEMAN, SD, 57029
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $6.4M
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 | 221 | $6.4M | $266,565 | $367,897 |
| 2023 | 215 | $5.3M | $252,430 | $349,568 |
| 2022 | 129 | $4.1M | $214,642 | $326,518 |
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 |
|---|---|---|---|---|
| EIDE BAILLY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY, LLP — Auditor
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 | $29,167 | $27,387 | $1,780 | — | — |
| 2023 | $23,166 | $22,235 | $931 | — | — |
| 2022 | $21,479 | $20,227 | $1,252 | — | — |