Plan Snapshot
- Plan Sponsor: Healthways, INC.
- Sponsor EIN: 550524964
- Sponsor Address: 1 BANK PLAZA, WHEELING, WV, 26003
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 112
- Total Assets: $2.5M
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 | 112 | $2.5M | $144,011 | $90,954 |
| 2023 | 98 | $2.3M | $144,000 | $89,479 |
| 2022 | 188 | $2.0M | $148,256 | $83,609 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $20,056 | — | $20,056 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,056
- Estimated Expense Ratio: 0.791% 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 | $23,805 | $418 | — | — | — |
| 2023 | $20,459 | $403 | — | — | — |
| 2022 | $20,320 | $330 | $19,990 | — | — |