Plan Snapshot
- Plan Sponsor: Healthcare Administrative Partners, LLC
- Sponsor EIN: 043402562
- Sponsor Address: 112 CHESLEY DRIVE, MEDIA, PA, 19063
- Plan Type: 401(k)
- Total Participants: 135
- Total Assets: $7.1M
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 | 135 | $7.1M | $70,794 | $497,148 |
| 2023 | 138 | $6.1M | $61,194 | $482,652 |
| 2022 | 119 | $4.7M | $58,071 | $417,771 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL RPCP | Other Service Provider | $29,331 | — | $29,331 |
| THE VANGUARD GROUP, INC. | Recordkeeper | $20,218 | — | $20,218 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,549
- Estimated Expense Ratio: 0.697% 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 | $49,549 | $29,331 | $20,218 | — | — |
| 2023 | $56,753 | $25,252 | $16,401 | $15,100 | — |
| 2022 | $57,466 | $25,914 | $17,252 | — | $14,300 |