Plan Snapshot
- Plan Sponsor: Heywood Hospital
- Sponsor EIN: 042103581
- Sponsor Address: 242 GREEN STREET, GARDNER, MA, 01440
- Plan Type: 401(k)
- Total Participants: 1,672
- Total Assets: $88.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 1,672 | $88.2M | $2.1M | $5.7M |
| 2023 | 1,621 | $80.3M | $2.1M | $5.5M |
| 2022 | 1,630 | $72.5M | $1.9M | $5.2M |
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 |
|---|---|---|---|---|
| BDMP ASSURANCE, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDMP ASSURANCE, LLC — Auditor
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 | $154,168 | $69,648 | $100 | — | — |
| 2023 | $94,655 | $87,350 | $111 | $24,840 | — |
| 2022 | $185,727 | $35,145 | — | — | — |