Plan Snapshot
- Plan Sponsor: Hearthstone Senior Communities INC
- Sponsor EIN: 232856813
- Sponsor Address: TWO BALA PLAZA, BALA CYNWYD, PA, 19004
- Plan Type: 401(k)
- Total Participants: 1,002
- Total Assets: $2.0M
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 | 1,002 | $2.0M | $0 | $347,254 |
| 2023 | 667 | $2.2M | $0 | $267,356 |
| 2022 | 582 | $2.1M | $0 | $249,165 |
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 |
|---|---|---|---|---|
| MSL, P.A. | Auditor | — | — | $0 |
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 | $793,484 | — | $21,521 | — | — |
| 2023 | $377,968 | — | $19,408 | — | — |
| 2022 | $20,611 | $881 | — | — | — |