Plan Snapshot
- Plan Sponsor: Gibson Area Hospital & Health Services
- Sponsor EIN: 370647938
- Sponsor Address: 1120 NORTH MELVIN STREET, GIBSON CITY, IL, 60936
- Plan Type: 401(k)
- Total Participants: 999
- Total Assets: $59.2M
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 | 999 | $59.2M | $1.7M | $3.3M |
| 2023 | 926 | $51.2M | $1.6M | $3.2M |
| 2022 | 825 | $42.1M | $1.5M | $3.0M |
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 |
|---|---|---|---|---|
| ECK, SCHAFER & PUNKE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ECK, SCHAFER & PUNKE, 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 | $422,229 | — | — | — | — |
| 2023 | $371,806 | — | $33,644 | — | — |
| 2022 | $354,895 | — | $354,895 | — | — |