Plan Snapshot
- Plan Sponsor: Healthdrive Corporation
- Sponsor EIN: 043052905
- Sponsor Address: 100 CROSSING BLVD STE 300, FRAMINGHAM, MA, 017025555
- Plan Type: 401(k)
- Total Participants: 583
- Total Assets: $37.6M
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 | 583 | $37.6M | $385,598 | $3.1M |
| 2023 | 552 | $31.2M | $387,477 | $3.0M |
| 2022 | 537 | $25.3M | $439,150 | $2.6M |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — 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 | $76,286 | $51,667 | $23,759 | — | — |
| 2023 | $64,590 | $41,315 | $22,415 | — | — |
| 2022 | $107,521 | $39,329 | $68,192 | — | — |