Plan Snapshot
- Plan Sponsor: Harbor Healthcare System, LP
- Sponsor EIN: 204081878
- Sponsor Address: 3406 COLLEGE STREET, BEAUMONT, TX, 77701
- Plan Type: 401(k)
- Total Participants: 1,144
- Total Assets: $10.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,144 | $10.1M | $0 | $2.1M |
| 2023 | 1,108 | $8.3M | $0 | $1.9M |
| 2022 | 1,004 | $6.3M | $0 | $1.6M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANY | Recordkeeper | $115,475 | — | $115,475 |
| LPL FINANCIAL LLC - RPCP | Investment Advisor | $15,517 | — | $15,517 |
| ONEDIGITAL INVESTMENT ADVISORS | Investment Advisor | $12,367 | — | $12,367 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — Recordkeeper
- ONEDIGITAL INVESTMENT ADVISORS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $143,359
- Estimated Expense Ratio: 1.423% 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 | $137,664 | $27,884 | $17,479 | — | — |
| 2023 | $162,762 | — | $162,762 | — | — |
| 2022 | $100,519 | — | $100,519 | — | — |