Plan Snapshot
- Plan Sponsor: Heart Of Texas Memorial Hospital
- Sponsor EIN: 320326595
- Sponsor Address: 2008 NINE ROAD, BRADY, TX, 76825
- Plan Type: 403(b)
- Total Participants: 165
- Total Assets: $3.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 165 | $3.4M | $264,652 | $163,393 |
| 2023 | 173 | $3.0M | $99,771 | $117,050 |
| 2022 | 172 | $2.7M | $0 | $170,199 |
| 2020 | 129 | $3.0M | $0 | $0 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | Other Service Provider | $2,259 | $22,304 | $24,563 |
| KESTRA INVESTMENT SERVICES | Investment Advisor | — | $16,147 | $16,147 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA INVESTMENT SERVICES — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,710
- Estimated Expense Ratio: 1.199% 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 | $1,584 | — | $1,584 | — | — |
| 2023 | $1,093 | — | $1,093 | — | — |
| 2022 | $1,020 | — | $1,020 | — | — |
| 2020 | $4,499 | — | $4,499 | — | — |