Plan Snapshot
- Plan Sponsor: The Heart Home Healthcare Services
- Sponsor EIN: 453601911
- Sponsor Address: 1 BALA AVENUE, BALA CYNWYD, PA, 19004
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 152
- Total Assets: $609,408
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 | 152 | $609,408 | $61,039 | $93,330 |
| 2023 | 151 | $488,555 | $37,800 | $44,354 |
| 2022 | 471 | $350,997 | $29,842 | $48,890 |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | Other Service Provider | $20,245 | — | $20,245 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,245
- Estimated Expense Ratio: 3.322% 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 | $24,934 | $4,689 | $20,245 | — | — |
| 2023 | $17,192 | — | — | — | — |
| 2022 | $4,550 | $1,811 | $2,739 | — | — |