Plan Snapshot
- Plan Sponsor: Health Fitness Corporation
- Sponsor EIN: 411580506
- Sponsor Address: 400 N. FIELD DRIVE, LAKE FOREST, IL, 60045
- Plan Type: 401(k)
- Total Participants: 1,109
- Total Assets: $79.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 1,109 | $79.7M | $580,956 | $4.2M |
| 2023 | 1,101 | $75.7M | $583,500 | $4.2M |
| 2022 | 1,087 | $64.6M | $574,743 | $4.3M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $56,147 | — | $56,147 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $8,000 | — | $8,000 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $5,382 | — | $5,382 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,529
- Estimated Expense Ratio: 0.087% 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 | $69,529 | $5,382 | — | — | — |
| 2023 | $39,913 | $2,992 | — | — | — |
| 2022 | $22,334 | $217 | — | — | — |