Plan Snapshot
- Plan Sponsor: H. B. Magruder Memorial Hospital
- Sponsor EIN: 344441792
- Sponsor Address: 615 FULTON STREET, PORT CLINTON, OH, 43452
- Plan Type: 403(b)
- Total Participants: 404
- Total Assets: $24.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 404 | $24.0M | $160,102 | $1.3M |
| 2023 | 396 | $22.1M | $150,134 | $1.2M |
| 2022 | 398 | $20.4M | $168,489 | $1.4M |
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 |
|---|---|---|---|---|
| PLANTE & MORAN | 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 | $21,147 | $21,147 | — | — | — |
| 2023 | $11,500 | $11,500 | — | — | — |
| 2022 | $23,617 | $11,250 | $12,367 | — | — |