Plan Snapshot
- Plan Sponsor: Health Ministries Clinic, INC.
- Sponsor EIN: 481091875
- Sponsor Address: 720 MEDICAL CENTER DRIVE, NEWTON, KS, 67114
- Plan Type: 401(k)
- Total Participants: 235
- Total Assets: $6.9M
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 | 235 | $6.9M | $399,958 | $804,599 |
| 2023 | 222 | $5.4M | $290,718 | $743,517 |
| 2022 | 207 | $3.6M | $274,810 | $515,367 |
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 |
|---|---|---|---|---|
| DRAFFIN-TUCKER, CPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DRAFFIN-TUCKER, CPA — Auditor
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 | $25,358 | $23,488 | $1,870 | — | — |
| 2023 | $20,173 | $18,718 | $1,455 | — | — |
| 2022 | $12,827 | $11,207 | $1,620 | — | — |