Plan Snapshot
- Plan Sponsor: Heartland Cardiology, LLC
- Sponsor EIN: 474428708
- Sponsor Address: 3535 N. WEBB ROAD, WICHITA, KS, 67226
- Plan Type: 401(k)
- Total Participants: 107
- Total Assets: $13.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 107 | $13.7M | $1.0M | $542,475 |
| 2022 | 118 | $17.2M | $1.1M | $546,111 |
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 | $32,454 | — | $32,454 |
| COMPENSATION BENEFIT PLANNING | CONTRACT ADMINISTRATOR | $22,792 | $3,492 | $26,284 |
| REGIER CARR & MONROE, LLP, CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- REGIER CARR & MONROE, LLP, CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,738
- Estimated Expense Ratio: 0.428% 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 |
|---|---|---|---|---|---|
| 2023 | $144,961 | — | $1,935 | — | — |
| 2022 | $132,112 | $129,107 | — | — | $3,005 |