Plan Snapshot
- Plan Sponsor: Glencoe Regional Health Services
- Sponsor EIN: 411949230
- Sponsor Address: 1805 HENNEPIN AVENUE NORTH, GLENCOE, MN, 55336
- Plan Type: 401(k)
- Total Participants: 578
- Total Assets: $69.1M
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. |
|---|---|---|---|---|
| 2024 | 578 | $69.1M | $1.7M | $2.5M |
| 2023 | 432 | $58.7M | $1.4M | $2.1M |
| 2022 | 416 | $50.3M | $1.2M | $1.9M |
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 | $11,699 | — | $11,699 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,699
- Estimated Expense Ratio: 0.017% 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 | $143,488 | $54,167 | — | $11,699 | — |
| 2023 | $126,245 | $46,560 | — | $11,466 | — |
| 2022 | $122,069 | $55,547 | $66,522 | — | — |