Plan Snapshot
- Plan Sponsor: Great Healthworks, INC.
- Sponsor EIN: 680574987
- Sponsor Address: 4150 SW 28TH WAY, FORT LAUDERDALE, FL, 33312
- Plan Type: 401(k)
- Total Participants: 241
- Total Assets: $15.6M
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 | 241 | $15.6M | $1.1M | $1.4M |
| 2023 | 225 | $13.5M | $928,152 | $1.2M |
| 2022 | 214 | $10.6M | $817,488 | $1.1M |
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 |
|---|---|---|---|---|
| NOVOGRADAC & COMPANY | 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 |
|---|---|---|---|---|---|
| 2024 | $68,708 | $36,506 | — | — | — |
| 2023 | $59,019 | $37,533 | — | — | — |
| 2022 | $105,064 | $88,986 | $16,078 | — | — |