Plan Snapshot
- Plan Sponsor: Health Services Management, INC.
- Sponsor EIN: 621808817
- Sponsor Address: 7056 W. GULF TO LAKE HWY., CRYSTAL RIVER, FL, 34429
- Plan Type: 401(k)
- Total Participants: 2,895
- Total Assets: $8.5M
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 | 2,895 | $8.5M | $117,201 | $613,941 |
| 2023 | 1,590 | $8.0M | $171,217 | $689,536 |
| 2022 | 1,795 | $7.7M | $221,490 | $835,262 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL SERVICES | ADVISOR | $23,136 | — | $23,136 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $17,917 | — | $17,917 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES FINANCIAL SERVICES — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,053
- Estimated Expense Ratio: 0.482% 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 | $41,053 | $23,136 | — | — | — |
| 2023 | $39,707 | $25,473 | — | — | — |
| 2022 | $43,208 | — | — | — | — |