Plan Snapshot
- Plan Sponsor: Healthcare Sc, LLC
- Sponsor EIN: 833509407
- Sponsor Address: 1 MLILY WAY, WINNSBORO, SC, 291802702
- Plan Type: 401(k)
- Total Participants: 526
- Total Assets: $2.9M
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 | 526 | $2.9M | $191,274 | $711,319 |
| 2023 | 566 | $2.4M | $107,229 | $403,805 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $49,958 | — | $49,958 |
| MORGAN STANLEY | INVESTMENT ADVISORY | $3,338 | $3,062 | $6,400 |
| JGD & ASSOCIATES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT ADVISORY
- JGD & ASSOCIATES — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,358
- Estimated Expense Ratio: 1.932% 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 | $53,296 | $3,338 | $49,958 | — | — |
| 2023 | $33,789 | $105 | $33,684 | — | — |