Plan Snapshot
- Plan Sponsor: Gateway Community Health Cente
- Sponsor EIN: 742553409
- Sponsor Address: 1515 PAPPAS ST, LAREDO, TX, 780411705
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 334
- Total Assets: $10.5M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 334 | $10.5M | $697,470 | $928,946 |
| 2023 | 344 | $8.9M | $643,032 | $861,239 |
| 2022 | 337 | $6.2M | $546,472 | $832,028 |
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 |
|---|---|---|---|---|
| MUTUAL OF AMERICA INVESTMENT CORP | Recordkeeper | $5,172 | — | $5,172 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,172
- Estimated Expense Ratio: 0.049% 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 | $3,681 | — | — | — | — |
| 2023 | $2,449 | — | — | — | — |
| 2022 | $802 | — | — | — | — |