Plan Snapshot
- Plan Sponsor: Hampton Regional Medical Center
- Sponsor EIN: 571017988
- Sponsor Address: 595 W CAROLINA AVE, VARNVILLE, SC, 29944
- Plan Type: DC
- Total Participants: 288
- Total Assets: $9.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 288 | $9.7M | $145,288 | $572,096 |
| 2023 | 298 | $9.3M | $137,069 | $547,194 |
| 2022 | 325 | $7.4M | $117,334 | $476,560 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | Auditor | $9,000 | — | $9,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,000
- Estimated Expense Ratio: 0.092% 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 | $40,080 | — | $31,080 | $9,000 | — |
| 2023 | $30,204 | — | $24,204 | $6,000 | — |
| 2022 | $46,967 | — | $44,417 | — | $2,550 |