Plan Snapshot
- Plan Sponsor: Hendricks Community Hospital Association
- Sponsor EIN: 410307617
- Sponsor Address: 503 EAST LINCOLN STREET, HENDRICKS, MN, 56136
- Plan Type: 403(b)
- Total Participants: 175
- Total Assets: $7.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 175 | $7.0M | $190,045 | $298,240 |
| 2023 | 148 | $6.8M | $164,653 | $263,060 |
| 2022 | 161 | $5.9M | $174,792 | $276,241 |
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 |
|---|---|---|---|---|
| ABDO, LLP | 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 | $41,570 | $21,558 | $16,637 | — | — |
| 2023 | $34,328 | $18,522 | $13,659 | — | — |
| 2022 | $35,575 | $19,293 | $16,282 | — | — |